<p>Shares in Apple Inc supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States.</p>.<p>On Sunday, in a stock market filing, the company said it had been informed of two notices issued by the United States International Trade Commission (USITC) regarding a Section 337 investigation filed against it by US-based Amphenol Corp , alleging IP infringement.</p>.<p>Luxshare said it had hired a team of lawyers to respond and would "follow procedure" on the investigation, without elaborating, but re-iterated that the case "will not have a material impact" on its current operations and production.</p>.<p>Amphenol filed a section 337 complaint against Luxshare and its subsidiaries in December, alleging that certain electric components imported into the United States from Luxshare infringe on Amphenol's patents for connector cables.</p>.<p>Days later, Luxshare issued a statement saying it had learned of the complaint via USITC's website, and added it had established an internal working group to investigate the claims.</p>.<p>Founded in 2004, Luxshare has in recent years become a fast-rising supplier for Apple. It has steadily moved up the hardware giant's value chain, from making connector cables for the iPhone and Macbook to manufacturing Airpods.</p>.<p>Last year the company acquired two iPhone assembly plant from Taiwan-based Wistron Corp.</p>.<p>That move unnerved some executives at Foxconn, the dominant maker of the handsets, and is seen by analysts as a sign of more indigenous Chinese companies making deeper inroads into Apple's supply chain.</p>
<p>Shares in Apple Inc supplier Luxshare Precision Industry Co Ltd fell as much as 9.5% on Monday, amid fresh concerns about a patent infringement investigation filed against it from the United States.</p>.<p>On Sunday, in a stock market filing, the company said it had been informed of two notices issued by the United States International Trade Commission (USITC) regarding a Section 337 investigation filed against it by US-based Amphenol Corp , alleging IP infringement.</p>.<p>Luxshare said it had hired a team of lawyers to respond and would "follow procedure" on the investigation, without elaborating, but re-iterated that the case "will not have a material impact" on its current operations and production.</p>.<p>Amphenol filed a section 337 complaint against Luxshare and its subsidiaries in December, alleging that certain electric components imported into the United States from Luxshare infringe on Amphenol's patents for connector cables.</p>.<p>Days later, Luxshare issued a statement saying it had learned of the complaint via USITC's website, and added it had established an internal working group to investigate the claims.</p>.<p>Founded in 2004, Luxshare has in recent years become a fast-rising supplier for Apple. It has steadily moved up the hardware giant's value chain, from making connector cables for the iPhone and Macbook to manufacturing Airpods.</p>.<p>Last year the company acquired two iPhone assembly plant from Taiwan-based Wistron Corp.</p>.<p>That move unnerved some executives at Foxconn, the dominant maker of the handsets, and is seen by analysts as a sign of more indigenous Chinese companies making deeper inroads into Apple's supply chain.</p>