Luxshare Precision Industry Co Ltd (Luxshare) is primarily engaged in providing integrated intelligent solutions, parts, modules, and systems for various industries, including enterprise communication, consumer electronics, automotive systems, and medical fields. The company's products includes electrical connections, optical connections, medical devices, antenna, fans, cords, temperature probe cable, power management, air-cooled/liquid-cooled cooling, sensor, and power supply system.

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Luxshare is intend to prioritized R&D innovation as a key component of its development strategy. The company has made significant investments in R&D technology to innovate traditional manufacturing processes, enhance automation production levels, and modularize various precision manufacturing process platforms. It places great importance on long-term development in underlying materials and innovative production technologies. The R&D team is dedicated to exploring advanced precision manufacturing processes and product applications, collaborating with core customers to establish advanced technology development laboratories and jointly develop cutting-edge technologies. The company's R&D investment is divided into frontier technology and product iteration, with approximately 30% of the total R&D expenses allocated to innovative research in areas such as underlying materials and processes. As of December 2024, the company had 7,164 patents. The company operates 16 R&D centers in Shenzhen, Dongguan, Suzhou, Shanghai, Nanjing, Xi 'an, Xiamen, Hefei, Chuzhou, Dalian, Taipei and Milpitas in the US. In FY2024, the company incurred expenses of CNY8,555.9 million on R&D activities, which as a percentage of revenue, stood at 3.2%.