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BYD's iPad-Making Arm Pays $2.2 Billion for Jabil China Unit

(Bloomberg) -- The electronics arm of electric-vehicle maker BYD Co. agreed to buy Jabil Inc.’s manufacturing business in China for 15.8 billion yuan ($2.2 billion), expanding its production base in the world’s largest mobile arena.Most Read from BloombergMarkets Ready for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsChina’s Worsening Economic Slowdown Is Rippling Across the Globe3M Agrees to Pay More Than $5.5 Bil...
Hong Kong Republic Of Bloomberg Businessweek Charles Shum Debby Wu Steven Tseng
Source: yahoo.com

Chinese carmaker BYD buys US firm Jabil's mobility business for $2.2 billion

The deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. Jabil in a statement said if the deal is completed, the definitive ag...
Sameer Manekar Kenny Wilson Muralikumar Anantharaman Sherry Jacob Phillips Co Ltd Electronic International Co
Source: yahoo.com

EV maker BYD buys US firm Jabil's China manufacturing unit for $2.2 billion

The deal will expand BYD Electronic (International) Co's (BE) customer base, product portfolio, and its business of smartphone components, and boost its growth as it looks to capture the potential growth in the sector. Jabil Circuit (Singapore), which manufactures printed circuit boards, established a unit this month with product manufacturing business in Chengdu and Wuxi, which will now be sold to the Chinese EV maker. Jabil in a statement said if the deal is completed, the definitive ag...
Muralikumar Anantharaman Sameer Manekar Electronic International Co Co Ltd Jabil Inc Singaporean Jabil Inc
Source: yahoo.com

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