# Luxshare to acquire Qorvo's assembly and test facilities in Beijing and Dezhou, China

Qorvo announced a definitive agreement for Luxshare Precision Industry to acquire its assembly and test facilities in Beijing and Dezhou, China. The transaction is expected to close in the first half of 2024, with Luxshare continuing to assemble and test products for Qorvo under a long-term supply agreement.

- Type: Acquisition
- Announced: 2023-12-18
- Where: Beijing and Dezhou, China, China
- Status: announced
- Products: advanced cellular products, assembly and test services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Qorvo](https://endata.com/companies/20471.md) (target)
- [Luxshare Precision Industry](https://endata.com/companies/40559.md) (acquirer)

## Sources

- [qorvo.com](https://www.qorvo.com/about/news-events/news-releases/2023/qorvo-forms-a-strategic-partnership-with-luxshare), 2023-12-18: "Qorvo today announced that it has reached a definitive agreement with Luxshare Precision Industry Co., Ltd. under which Luxshare will acquire Qorvo’s assembly and test facilities in Beijing and Dezhou, China"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.