Apple-Suplier Luxshare Shares Pop 10% on the Openai Hardware Deal report

Linked to Shenzhen Luxury I saw his actions jump around 10% on Monday, following a report that the Chinese apparatus assembler had signed an agreement with OpenAi to produce a consumer AI device.

The company, which is also supplier for AppleDevelops a prototype of the device using chatgpt language models, the information reported on Friday, citing people familiar with the problem.

One source said that one of the OPENAI products spoke to manufacturing suppliers would look like an intelligent speaker without display, which could compete with Apple devices using SIRI, the company targeting the end of 2026 or the start of 2027 for its first devices.

The 10% jump of Luxshare brought its earnings for the start of the year to around 50%. Most shares on the Shenzhen Stock Exchange are not allowed to exchange or drop by more than 10% in a single day, compared to the closing price of the day before. The company will also envisage a secondary list in Hong Kong this year.

Luxshare and Openai did not immediately respond to requests for comments from CNBC.

OPENAI has long noted the desire to move to dedicated AI devices, presenting a potential challenge to Apple and its iPhone.

As part of these plans, the information indicated that Optai poache Apple staff to join its material division, now led by the former executive of Tang Tan.

Earlier this year, the IA company, led by Sam Altman, has teamed up with the former designer of Apple Jony Ive after buying its hardware startup, IO Products, in an agreement of $ 6.4 billion. IVE is responsible for the design of many Apple’s most emblematic products, including iPhone, iPad and MacBook Air.

An OPENAI partnership with Luxshare would bring Apple’s long -standing supplier – Responsible for assembling items like AirPods and Vision Pro – in the orbit of AI Comapny.

The company of AI also discussed China GoertekWho also assembles AirPods, Homepods and Apple Westu, to provide components, including loudspeakers, for its planned devices, according to the information report.

Openai pushed more deep into the equipment, hiring the former chief of the Meta augmented reality glasses initiative in November to direct his forms of robotics and consumption equipment.

The same month, Openai invested in Robot Startup Physical Intelligence, which focuses on “IA provision for general use in the physical world”, according to its website.