With a total investment of 12 billion yuan, Luxshare’s major industrial projects were signed in Kunshan, Suzhou

On February 8, the signing ceremony for Luxshare’s tens of billions of major industrial projects was held in Kunshan. The total investment in the contracted project is 12 billion yuan, making it the largest investment project in Kunshan in the past three years. It is expected to achieve an annual output value of 80 billion yuan after reaching capacity.

Among them, the new generation smart terminal and wearable product project has a total investment of approximately 6 billion yuan and covers an area of 138 acres. It will further vertically integrate the production capacity layout of smartphones, smart headsets and other businesses to create a full industry chain ecosystem integrating R&D, design and manufacturing. After reaching production, the new industrial output value is expected to be approximately 60 billion yuan.

The intelligent precision acoustic earphone product project has a total investment of 6 billion yuan, covering an area of about 168 acres, and plans to build a R&D center, laboratory and series of product intelligent manufacturing production bases.