Mobile phone power supply maker Salcomp aquired defunct 30,000 square meter Jabil Circuits' manufacturing plant near Chennai, India, as per the various media reports. Jabil was using this plant for electronic manufacturing services.
Its also reported that Salcomp had already taken over plants belonging to Nokia, lite-on mobile and Laird tech.
Salcomp is using these facilities to make mobile phone parts and Chargers. Salcomp has hired thousands of people to work at this plant, planned to increase manpower significantly by 2022.