Qorvo Forms a Strategic Partnership With Luxshare
Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations.
- Upon closing, Luxshare will acquire each facility’s operations and assets, which include the property, plant and equipment, as well as the existing workforce, to enable seamless continuity of operations.
- Qorvo will continue to maintain its sales, engineering and customer support employees in China to continue serving customers.
- Following the close of the transaction, Luxshare will assemble and test products for Qorvo under a newly established long-term supply agreement.
- Bob Bruggeworth, president and chief executive officer of Qorvo, said, “The Beijing and Dezhou facilities have been an important part of our history and manufacturing network for decades.