U.S. Chipmaker Qorvo Sells China Facilities in Supply Chain Revamp

Chinese iPhone producer Luxshare to buy U.S. chipmaker Qorvo’s assembly and test facilities in Beijing and Dezhou as part of America’s reshaping of its semiconductor industry

Qorvo’s divestiture came amid a massive supply chain revamp of the global semiconductor industry

American chipmaker Qorvo has agreed to sell its assembly and test facilities in China to contract manufacturer Luxshare Precision Industry Co. Ltd., amid a broader supply chain revamp of the U.S. semiconductor industry.

Qorvo has reached a definitive agreement with the Chinese company Luxshare to sell operations and assets of Qorvo’s two facilities in Beijing and Dezhou, Shandong province, said the wireless connectivity chip manufacturer in a Monday statement. The sale includes the property, plant and equipment, as well as the existing workforce to allow operations to continue.