Shenzhen-listed Apple supplier Lingyi iTech seeks to raise $1.1B in a June 26 Hong Kong debut, as the electronic parts maker expands into AI hardware and robots (Iris Deng/South China Morning Post)
THE SO WHAT
Apple-adjacent component makers are using Hong Kong equity to finance a pivot into AI hardware and robotics—your future robot BOM is likely to be built by the same ecosystem that builds smartphones. If you’re sourcing for AI devices or robots, start mapping Chinese tier-2 suppliers now, not just the headline OEMs.
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