On June 5, the State Administration for Market Regulation announced the latest batch of unconditional approvals for the concentration of business operators, notably including the acquisition by Luxshare Precision of a portion of Wintek's business. This transaction encompasses entities and assets associated with Wintek's OEM and ODM operations for consumer electronics, including mobile phones, tablets, and laptops. Upon completion, Luxshare Precision will assume sole control over these operations.