Reported about 1 year ago
Chairman Li Chunzheng of Liangwei Technology, on June 9, 2024, led the company towards the path of AI server high-current power cords, departing from its origins in Apple's charger cords. Having shifted focus from traditional phone and laptop markets to charging stations and AI servers, Liangwei has expanded its clientele from Apple to include leading companies like ChargePoint, Dyson, and Amazon AWS. This strategic move has resulted in a significant increase in profit margins and revenue for Liangwei, signifying a successful transformation away from reliance on Apple.
Source: YAHOO