Apple AirPods is currently the hottest high-tech consumer product around the world and China’s suppliers are benefiting. The wireless headset sector is now seen as a huge growth area and investors are keen on buying shares in this market.
“Apple AirPods craze spreads to China”, South China Morning Post reports”, becoming music to the ears of wireless-headset stock investors.” Wireless headset and part makers in China are feeling the tailwind and investors are buying a piece of the action. Shares of some suppliers, like Apple’s AirPods supplier Luxshare Precision Industry has already gone up more than 200 per cent this year.
The new wireless products, with the true wireless stereo (TWS) technology on board, are wildly popular. Consumers ditch their old wires for the cooler look and improved sound, SMCP reports. And investors believe they are witnessing the emergence of a massive market.
Further reading on scmp.com