What Luxshare-ICT makes in automotive

Luxshare-ICT's automotive business is organized around four solution areas: vehicle nerve system (wiring harnesses and connectors), vehicle dynamics, smart driving (ADAS), and smart cockpit. The product catalog within those areas runs from low-voltage and high-voltage wire harnesses to high-speed and high-frequency wiring harnesses, ABS and EPB special wire harnesses, CAN-bus and Ethernet connectors, and high-voltage busbars. The company describes an integrated capability covering "from critical components to full systems," meaning it sells both individual connectors and complete sub-system assemblies.

The 2025 acquisition of a 50.1% stake in Leoni AG's Wiring Systems Division substantially expanded that footprint. Leoni, a German company with decades of relationships across global original equipment manufacturers, contributed established wiring harness manufacturing across Europe, North Africa, and the Americas. Within the combined Luxshare portfolio, Leoni handles HV and LV wiring systems, while Luxvisions provides intelligent vision (cameras, sensor fusion for ADAS), and BCS supplies smart human-machine interface and cockpit products. Luxshare describes the result as a "full-stack solution provider" for vehicle electrical and electronic architecture.

The non-automotive business remains larger by revenue. Luxshare assembles AirPods, manufactures iPhone components, and is the exclusive initial manufacturer of Apple Vision Pro. The communications and data center segment, covering high-speed interconnect, optical modules, and base station antennas, generated RMB 24.57 billion in FY2025. These segments share manufacturing infrastructure and supply chains with the automotive unit, giving the automotive business access to Luxshare's process capabilities in high-precision connector fabrication and cable assembly at scale.

Financial performance

Luxshare-ICT reported total operating revenue of RMB 332.34 billion in FY2025, a 23.64% increase year over year, per the company's April 2026 annual results announcement. Net profit attributable to shareholders reached RMB 16.60 billion, up 24.20% year over year, implying a net margin of approximately 5% at the group level. The automotive electronics segment generated RMB 39.25 billion in the year, a 185.34% increase that reflects both organic business expansion and the consolidation of Leoni following the July 2025 deal close. The automotive segment gross margin was 15.75% for the year, compared to 18.40% for data centers and 10.64% for consumer electronics.

The Berylls by AlixPartners Top-100 Automotive Suppliers study (2026 edition) places Luxshare at rank 45 among global automotive suppliers by FY2025 revenue, with an estimate of EUR 7.5 billion for the automotive segment, classified as a new entrant to the ranking. No EBIT or operating margin is published for the automotive segment specifically. The company employs 416,197 people globally as of December 31, 2025, an increase of roughly 138,000 from the prior year, most of which reflects Leoni's workforce joining the consolidated group.

Luxshare ranked 337th on the 2026 Fortune Global 500, up 86 places from its 2025 position, the fourth consecutive year on the list.

Ownership and history

Wang Laichun and her brother Wang Laishen co-founded Luxshare Precision Industry Co., Ltd. in Dongguan, Guangdong on May 24, 2004. Wang Laichun had spent a decade at Foxconn before starting the company. Luxshare listed on the Shenzhen Stock Exchange on September 15, 2010 (A-shares: 002475.SZ) and added a Hong Kong Stock Exchange listing on July 9, 2026 (H-shares: 02475.HK), establishing what the company calls an "A+H dual-capital platform."

The company is headquartered in Bao'an District, Shenzhen, Guangdong. Its primary automotive manufacturing presence in China runs from Dongguan, with additional plants in Kunshan (Jiangsu), Suining (Sichuan), and Qingdao (Shandong). Post-Leoni, the group operates manufacturing facilities in Germany, Romania, Serbia, Hungary, Ukraine, Morocco, Tunisia, Egypt, Mexico, and the United States, among other countries.

Wang Laichun serves as Chairwoman. Lidya Li is Executive Vice President of Luxshare-ICT and President of the Automotive Business Group, leading the division that encompasses Leoni, Luxvisions, and BCS.

Known customers

Luxshare's wiring harness and connector business has documented relationships with several global OEMs. In July 2025, Luxshare-ICT hosted a Tech Day at Jaguar Land Rover's engineering center in Gaydon, UK, where Lidya Li met with Tobias Moch, JLR's Chief Procurement Officer. The company describes the relationship as a "long-term strategic partnership" in its own press release from that event. In January 2026, Luxshare held a "Shape the Future Together" Tech Day at Renault Group's Guyancourt Technical Center in France; the event drew over 30 senior Renault leaders including Sandra Beck, Vice President of Purchasing.

Tesla is named as a Luxshare customer connection in the press release announcing the Leoni acquisition close (leoni.com, July 2025), with the language being: "Luxshare's strong connections to high-growth customers such as Tesla." This is not an explicit program disclosure but is a public statement from both parties.

Apple Inc. is Luxshare's primary consumer electronics customer and represents the dominant share of total company revenue. The automotive segment is operationally and commercially separate.

Recent news

July 2026 -- Luxshare ranked 337th on the Fortune Global 500, climbing 86 positions in a single year, its fourth consecutive appearance on the list (Luxshare company announcement, July 2026).

July 2025 -- Luxshare-ICT closed its acquisition of a 50.1% stake in Leoni AG's Wiring Systems Division for approximately EUR 525 million, completing a deal first announced in September 2024. The closing integrates Leoni's wiring harness manufacturing network into the Luxshare group (Leoni press release, July 10, 2025).

July 2025 -- Luxshare-ICT hosted a Tech Day at Jaguar Land Rover's engineering center in Gaydon, UK, presenting wiring systems, ADAS, and smart cockpit technology. The event was the first joint appearance following Leoni's integration into the Luxshare group (Luxshare press release, July 23, 2025).

Frequently asked questions

What does Luxshare-ICT make for the automotive industry?

Luxshare-ICT produces automotive wiring harnesses, connectors, high-voltage and low-voltage cable systems, ADAS hardware, and smart cockpit electronics. Through its Leoni subsidiary (acquired 2025), it also supplies complete wiring system assemblies to global OEMs. The automotive electronics segment generated RMB 39.25 billion in FY2025.

Who owns Luxshare-ICT?

Luxshare Precision Industry Co., Ltd. is a publicly listed company on the Shenzhen Stock Exchange (A-shares: 002475.SZ) and, since July 2026, the Hong Kong Stock Exchange (H-shares: 02475.HK). Wang Laichun, the co-founder, serves as Chairwoman. The company is not owned by a parent conglomerate; it is an independent listed entity.

What is Luxshare-ICT's revenue?

Total company revenue was RMB 332.34 billion in FY2025, a 23.64% increase year over year. The automotive electronics segment specifically reached RMB 39.25 billion, up 185% on a combination of organic growth and the Leoni acquisition. The Berylls Top-100 Automotive Suppliers study estimates the automotive-segment revenue at approximately EUR 7.5 billion.

Where is Luxshare-ICT headquartered?

Luxshare Precision Industry Co., Ltd. is headquartered in Bao'an District, Shenzhen, Guangdong, China. Automotive operations are centered in Dongguan, Guangdong, with plants in multiple other Chinese provinces. Post-Leoni, the automotive business has manufacturing sites across Europe, North Africa, and the Americas.

Who are Luxshare-ICT's automotive customers?

Documented automotive customer relationships include Jaguar Land Rover, with whom Luxshare held a strategic technology day in July 2025, and Renault Group, which hosted a Luxshare showcase at its Guyancourt Technical Center in January 2026. Tesla is referenced as a customer in the Leoni acquisition press release. The Leoni subsidiary brings its own OEM customer base from its wiring systems business.

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