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).
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.
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.
HAWTHORNE, CA – OSI Systems' Optoelectronics and Manufacturing division reported revenue of $387.4 million for its 2023 fiscal year, an increase of 5.6% from fiscal year 2022.
TAIPEI – Taiwan-based server ODMs, including Quanta, Foxconn, Wistron (including Wiwynn), and Inventec, have set up production bases in countries like Thailand, Vietnam, and Malaysia, TrendForce reports, and it’s projected that by 2023, the production capacity from these regions will account for 23%, and by 2026, it will approach 50%.
TAIPEI – Foxconn founder Terry Gou said Taiwan's businesses are hoping for continued peace between the US and China amid increased tensions between the two nations.
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