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Time of India
21 hours ago
- Business
- Time of India
Dixon Technologies, China's HKC Overseas form ₹370-cr JV to make display modules
Domestic electronics contract manufacturer Dixon Technologies has formed a ₹370 crore joint venture for display modules manufacturing with Chinese company HKC Overseas. 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. HKC Overseas Ltd will acquire 26 per cent stake in Dixon Display Technologies Pvt Ltd (DDTPL) for USD 10.998 million, about ₹95.5 crore and Dixon will acquire 74 per cent stake in the JV for USD 31.3 million, about ₹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. 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
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Business Standard
2 days ago
- Business
- Business Standard
Dixon Tech, China's HKC form ₹370 cr JV for display module manufacturing
Domestic electronics contract manufacturer Dixon Technologies has formed a Rs 370 crore joint venture for display modules manufacturing with Chinese company HKC Overseas. 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. 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. 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. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
News18
2 days ago
- Business
- News18
Dixon Tech, Chinas HKC Overseas form Rs 370-cr JV to make display modules
New Delhi, Aug 16 (PTI) Domestic electronics contract manufacturer Dixon Technologies has formed a Rs 370 crore joint venture for display modules manufacturing with Chinese company HKC Overseas. 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. 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. 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 PRS DRR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: August 16, 2025, 22:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
