Dixon, Vivo India tie up to make smartphones
Financial Express Chandigarh|December 16, 2024
The proposed JV will undertake part of Vivo's OEM orders of smartphones in India
FE BUREAU

CONTRACT MANUFACTURER FOR electronics Dixon Technologies and Chinese smartphone maker Vivo's India unit have entered an agreement to launch an original equipment manufacturer (OEM) unit through a joint venture.

The two executed a binding term sheet for the proposed joint venture in India which will manufacture electronic devices including smartphones, Dixon said in a filing to the exchanges Sunday evening.

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