# BYD Electronics plans RMB 15.8 billion acquisition of Juno Newco Target

BYD Electronics entered into an acquisition framework agreement with Jabil to acquire 100% of Juno Newco Target Company for approximately RMB 15.8 billion. The acquisition includes manufacturing operations in Chengdu and Wuxi.

- Type: Acquisition
- Announced: 2023-08-28
- Where: Chengdu and Wuxi, China
- Value: $2.17B (15.8B CNY)
- Status: announced
- Products: smartphone components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Jabil](https://endata.com/companies/1600.md) (target)
- [BYD Electronics](https://endata.com/companies/70170.md) (acquirer)
- [Juno Newco Target Company](https://endata.com/companies/72296.md) (target)

## Sources

- [trendforce.com](https://www.trendforce.com/news/2023/08/28/news-byd-electronics-plans-rmb-15-8-billion-100-acquisition-of-juno-newco-target/), 2023-08-28: "BYD Electronics has revealed a strategic move by entering into an acquisition framework agreement with independent third-party Jabil."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.