SINGAPORE -- It was a punch in the gut for Jenesis (Shenzhen) when the U.S. called it quits on the Trans-Pacific Partnership. Just like that, the contract electronics manufacturer's very raison d'etre was thrown into question.
Jenesis, which supplies electronic devices to Japanese retailers and other companies in the service industry, set up the unit in the southern Chinese city of Shenzhen to slash expenses by capitalizing on the ample availability of parts and dies there.