FILE PHOTO-Security guards stand at the BYD booth at the Auto Shanghai show, in Shanghai, China April 19, 2023. The deal will expand BYD Electronic's (BE) (0285.HK) customer base, product portfolio and its smartphone components business as it looks to capture Jabil's potential growth in the sector. Although now best known for its electric vehicle business, BYD started out by selling electronic components. BE's major business has been selling electronic components for consumer electronics products such as smartphones and laptops. This was one of three key business segments for BYD Electronic, accounting for more than 70% of its total revenue in 2022.

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Persons: Aly, BYD, Tu Le, Jabil, Kenny Wilson, Wilson, Qin Chuan, Sameer Manekar, Brenda Goh, Stephen Coates Organizations: Security, Auto, REUTERS, U.S, Jabil Inc, HK, Jabil, Hong Kong Stock Exchange, Sino Auto, Apple Inc, Citi, BE, Thomson Locations: Auto Shanghai, Shanghai, China, Singapore, Chengdu, Wuxi, Hong Kong, EVs, Nanjing, Bengaluru, Yelin Mo, Beijing