BYD Electronic to buy Jabil's mobility business in China for $2.2B

BYD Electronic (International) Company Limited agreed to acquire Jabil Inc.'s mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion). The deal will expand BYD Electronic's customer base and smartphone components business.

“The deal will expand BYD Electronic's customer base, product portfolio and its smartphone components business as it looks to capture Jabil's potential growth in the sector.”reuters.com

• 3 sources
• reuters.comChinese carmaker BYD to buy US firm Jabil's mobility business for $2.2 bln | ReutersSameer Manekar, Yelin MoAug 27, 2023
• investors.jabil.comJabil - Jabil Announces Definitive Agreement to Divest Mobility Business for $2.2 BillionSep 26, 2023
• autonews.gasgoo.comBYD Electronics inks agreement to acquire Jabil Inc.’s electronics manufacturing business | GasgooMonikaSep 27, 2023

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