China's Luxshare soars on report of making AI device for OpenAI
ReutersSep 22, 2025 2:23 AM
Shares of Chinese consumer electronics, automobiles, communications products maker Luxshare Precision Industry 002475.SZ jump nearly 10% to 60.95 yuan, the highest level since January 2021
OpenAI has signed a deal with Apple AAPL.O device assembler, Luxshare, to make a consumer device, the Information reported on Friday, citing people familiar with the matter
The device is currently a prototype under development and is expected to be pocket-sized and aware of context, designed to work closely with the ChatGPT parent's artificial intelligence models
Luxshare and OpenAI did not immediately respond to Reuters' requests for comment
YTD, Luxshare stock up 49.5%, CSI 300 Index .CSI300 up 14.4%
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