Jabil To Take Over The Manufacture And Sale Of Intel's Silicon Photonics Transceiver Product Lines
Portfolio Pulse from Benzinga Newsdesk
Jabil Inc. has agreed to take over the manufacture and sale of Intel's silicon photonics transceiver product lines. The deal is expected to allow Intel to focus on its core business while Jabil expands its product portfolio.
October 30, 2023 | 8:54 pm
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NEUTRAL IMPACT
Intel is selling its silicon photonics transceiver product lines to Jabil, allowing it to focus more on its core business.
The sale of the silicon photonics transceiver product lines to Jabil allows Intel to concentrate on its core business. This could potentially improve efficiency and profitability in the long run, but the immediate impact on the stock price is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Jabil is expanding its product portfolio by taking over the manufacture and sale of Intel's silicon photonics transceiver product lines.
Jabil's acquisition of Intel's silicon photonics transceiver product lines expands its product portfolio, potentially increasing its market share and revenues. This could have a positive impact on its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70