a day ago
Dixon Tech, China's HKC Overseas form Rs 370-cr JV to make display modules
Domestic
electronics contract manufacturer
Dixon Technologies has formed a Rs 370 crore
joint venture
for
display modules
manufacturing with Chinese company
HKC Overseas
.
Independence Day 2025
Modi signals new push for tech independence with local chips
Before Trump, British used tariffs to kill Indian textile
Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency
The
Dixon
Technologies-HKC Overseas joint venture is for manufacturing and selling of
LCD
and
TFT-LCD
modules that are used in electronic devices like TV, mobile phones etc for display, a regulatory filing said on Saturday.
"Dixon Technologies (India) Ltd has entered into a Term Sheet with HKC Corporation Ltd to form a joint venture for manufacturing of Liquid Crystal Modules, thin film transistor liquid crystal display modules, assembly of end products such as smartphones, TVs, monitors and auto displays and selling HKC branded end products in India," the filing said.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Click here for more information
Undo
HKC Overseas Ltd will acquire 26 per cent stake in
Dixon Display Technologies Pvt Ltd
(DDTPL) for USD 10.998 million, about Rs 95.5 crore and Dixon will acquire 74 per cent stake in the JV for USD 31.3 million, about Rs 274 crore in two tranches.
"The company, HKC and DDTPL have executed the SSHA (share subscription and shareholders' agreement) on August 16, 2025," the filing said.
Live Events
Dixon has been on a spree of forming joint ventures with Chinese technology companies.
Last month, the company had announced a JV with Chinese electronic component firms -- Chongqing Yuhai Precision Manufacturing Co Ltd and the Indian arm of Kunshan Q Technology -- for manufacturing and sales of electronic components used in electronic devices like mobile phones and laptops, among others. PTI
