Subject


BYD


2023-09-15

BYD’s Acquisition of Jabil’s China Factory: Expanding Beyond iPhone Casings into EMS Orders

Last month, the primary iPhone casing supplier, American company Jabil, announced that it had reached a preliminary agreement with China's prominent EMS (Electronic Manufacturing Services) firm, BYD, to sell its Mobile Business Unit for $2.2 billion. The completion of the subsequent transaction will...

2023-08-29

[News] Global EV Penetration Spurred by US and China Policies

According to the news from Chinatimes, Tesla, the leading electric vehicle manufacturer in the United States, achieved a record-breaking delivery volume of 466,140 units in the second quarter of this year. Meanwhile, Chinese electric car companies like NIO and BYD have made strides in the European m...

2023-08-29

[News] Can BYD’s Acquisition of Jabil’s Chinese Business Truly Secure a Place in Apple’s Supply Chain?

According to a report by Taiwan's TechNews, Chinese electric vehicle giant BYD group announced on yesterday its intention to acquire the mobile electronics manufacturing business of American electronic contract manufacturer Jabil for nearly $2.2 billion in cash, encompassing operations in Chengdu an...

2023-08-28

[News] BYD Electronics Plans RMB 15.8 Billion 100% Acquisition of Juno Newco Target

BYD Electronics has revealed a strategic move by entering into an acquisition framework agreement with independent third-party Jabil. The plan is to acquire a full 100% ownership of Juno Newco Target Company, with the transaction valued at around RMB 15.8 billion. Juno, headquartered in Singapore...

2023-08-17

BYD Closes In on Tesla in Q2 BEV Sales, with Surges Noted in Thailand and Australia

The global automotive landscape is undergoing a decisive shift toward new energy vehicles (NEVs). TrendForce reports that in 1H23, NEV sales—which encompass battery electricity vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and fuel cell electric vehicles (FCEVs)—soared to an impress...

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