Jabil Inc. - JBL STOCK NEWS

Jabil (NYSE: JBL) has announced a strategic partnership with EFFECT Photonics to co-develop next-generation coherent optical modules. Targeted at network operators and hyperscalers, these modules offer high performance in a compact design with low power consumption. This collaboration merges Jabil's manufacturing expertise with EFFECT's advanced System-on-Chip technology, enhancing both companies' capabilities to meet growing data demands. The modules aim to facilitate better service continuity and address security and sustainability challenges in the ever-expanding data landscape.

Jabil (NYSE: JBL) has launched a new Open Line System (OLS) in collaboration with IP Infusion, aimed at enhancing optical communications. The 400G ZR OLS optimizes 400ZR signal transport over 80/120 kilometers, addressing the increasing global demand for bandwidth. This development represents a shift towards disaggregated solutions in optical transport networks, promising lower total cost of ownership (TCO) and simplified operations. The product, housed in a standard 1RU chassis, is designed for easy integration into existing networks, available to a range of customers and OEMs.

Jabil Inc. (NYSE: JBL) has declared a quarterly dividend of $0.08 per share for shareholders of record as of February 15, 2022, payable on March 2, 2022. This marks the continuation of Jabil's commitment to returning value to shareholders, having consistently paid cash dividends since May 15, 2006. With over 260,000 employees globally, Jabil provides comprehensive manufacturing solutions to leading brands, complemented by its extensive supply chain insights and technical capabilities.

Jabil Inc (NYSE: JBL) has launched a goal of completing one million volunteer hours in 2022 to support local communities. This initiative began with a Serve-a-Thon in St. Petersburg, Florida, involving local organizations and activities like beach cleanup and reading to students. Jabil's approach emphasizes Education, Empowerment, and the Environment through various community projects, including STEM mentoring and food delivery to underserved areas. The company aims to enhance its outreach globally, showcasing its commitment to corporate social responsibility.

Jabil Inc. (NYSE: JBL) will hold its Annual Meeting of Shareholders in a virtual format on January 20, 2022, at 10:00 a.m. (EST). Shareholders as of November 30, 2021, can vote and ask questions via the online platform. The meeting will cover formal proposals and include a Q&A with the CEO and CFO. A replay will also be accessible on the Jabil Investor Relations website. Jabil employs over 260,000 individuals across 100 locations globally, focusing on manufacturing solutions for major brands.

Carnival Corporation (CCL, CUK) has partnered with Jabil (JBL) to open a manufacturing facility for Experience IoT consumer wearables in Santo Domingo, Dominican Republic. This facility marks the first production site outside of Asia for the Princess Medallion, a device designed to enhance guest experiences on cruise ships.

With this partnership, Carnival aims to support Caribbean economic development while boosting production capacity. The Medallion enables touchless interactions and personalized services for cruise guests.

Jabil Inc. (NYSE: JBL) has partnered with Carnival Corporation (NYSE: CCL; NYSE: CUK) to manufacture and fulfill the Princess Medallion® in Bajos de Haina, Dominican Republic. This new facility will enhance just-in-time, direct-to-port fulfillment for the Princess Fleet. It features over 60,000 square feet of manufacturing space and employs over 600 workers, with more jobs expected in the next three years. The partnership aims to address logistics challenges and support the growing demand for experiential IoT wearables.