Sunday, October 12, 2008

BYD Electronic

BYD Electronic Company Limited or BYD Electronic , the subsidiary of BYD Company Limited, is engaged in the manufacture and sales of handset components , handset modules and assembly services to handset manufacturers. One of its customers is Nokia.

It was incorporated and listed in Hong Kong in 2007 with IPO price of 10.75 per share. However, it has dropped below IPO price since the first trading day because of recent poor performance of Hong Kong stock market and BYD's legal dispute with its competitor, Foxconn.

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