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SHENZHEN – Chinese automaker BYD's electronics unit has agreed to purchase Jabil's mobile electronics manufacturing business in China for 15.8 billion yuan ($2.2 billion).

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KUALA LUMPUR – SKP Resources saw first-quarter revenues decline 22.3% to RM431.6 million ($93 million) from RM555.2 million ($119.7 million) in the same quarter of 2022.

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KARNATAKA, INDIA – Kaynes Technology has signed an agreement with the Indian state of Karnataka in which the state government will invest Rs 3,750 crore ($435.9 million) for two Kaynes subsidiaries to set up a PCB manufacturing plant and a semiconductor assembly and testing (OSAT) facility.

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