Chinese-listed Apple $AAPL suppliers saw a dip in their stock prices on Monday after former U.S. President Donald Trump suggested a potential 25% tariff on iPhones not manufactured within the United States. The statement, made on Friday, signaled a renewed escalation in protectionist trade rhetoric and stoked fears of an intensified U.S.–China tech decoupling.

Luxshare Precision Industry, a Chinese company renowned for its high-tech innovations and solid partnership with global brands, is set to redefine the Asian financial landscape. As competition intensifies in the consumer electronics market, particularly in the accessory segment, the company – a key supplier for Apple AirPods – is reportedly considering an IPO in Hong Kong within this year. This move may not only shake up the domestic market but also attract international attention to Luxshare’s cutting-edge projects.