Jabil slips as India unit reportedly starts making AirPods components
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Jabil (NYSE:JBL) slipped fractionally in premarket trading on Monday even as it was reported that the company's India unit has started making Apple (NASDAQ:AAPL) AirPods components in India.
The company is shipping the plastic bodies for AirPods to China and Vietnam for final assembly, Bloomberg reported, citing people familiar with the matter.

Apple (AAPL) has increased its focus on manufacturing in India in recent years as it looks to shift production out of China amid geopolitical tensions and COVID-19 related disruptions.
Investment firm J.P. Morgan said last year that Apple (AAPL) could shift 25% of its iPhone production to India by 2025, up from roughly 5%.
Last week, Jabil (JBL) declared its quarterly dividend, payable to shareholders on March 2 on record of February 15.