Apple supplier Catcher Technology to sell two divisions to China’s Lens for $1.4 billion

Taiwan-based Catcher Technology, a supplier to Apple Inc, has agreed to sell two units from its Lyra International division in China to Hunan-based Lens Technology Co for $1.43 billion, a company filing showed.

Headquartered in Tainan, Taiwan, Catcher makes metal casings for a range of consumer electronics, including the iPhone.

Smaller iPhone assembler Wistron last month agreed to sell two of its factories in China to fast-rising Chinese manufacturer Luxshare Precision Industry Co for 3.3 billion yuan ($477 million).