China's market regulator fines Luxshare for Wingtech deal violation

[출처/시간] Reuters - 3:46 AM ET, 05/27/2026

BEIJING, May 27 (Reuters) - China's market ?regulator has fined Luxshare Precision ?Industry 900,000 yuan ($133,000) for ?unlawful implementation of acquisition of some business of Wingtech Technology, it said in a statement on Wednesday.

* The State Administration for Market Regulation said Luxshare, a key supplier of Apple, failed to properly declare its acquisition of part ?of Wingtech's business in January 2025.

* The ?regulator ?began an investigation in September ?2025 after Luxshare self-reported the deal earlier in February.

* The transaction involved ?Luxshare ?acquiring 100% control of certain electronics ?manufacturing operations from Chinese semiconductor producer ?Wingtech via three subsidiaries.

* The regulator ?said ?the deal met merger ?filing thresholds but was implemented without prior ?antitrust approval, violating China's anti-monopoly law.

* Luxshare received a reduced penalty ?after voluntarily reporting ?the breach and ?taking steps to improve compliance, the regulator added. ($1=6.7811 ?Chinese yuan renminbi) (Reporting by Shi Bu and Liz ?Lee; Editing ?by Clarence Fernandez)