Dixon, Vivo form JV to make smartphones in India; shares scale record high

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The transaction's completion will depend on executing these agreements, fulfilling customary conditions precedent, and obtaining necessary regulatory approvals, including those required under India's foreign exchange control laws.

This partnership will effectively complement the current manufacturing operations of vivo India,” said Jerome Chen, CEO of vivo India.

In addition to manufacturing, Dixon provides reverse logistics solutions, including repair and refurbishment services for LED TV panels.

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Category: BusinessFinance

Markets: India

Topics: OEM Dixon Tech BSE Dixon Technologies stock levels Vivo India Smartphones Dixon Tech share price Dixon Technologies stocks Record high Dixon Technologies Stock Price Dixon Technologies Shares scale record high Dixon Technologies stock price today All-time high Joint venture Dixon Technologies share levels Dixon Technologies Shares Buzzing Stock Vivo NSE

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-16 @ 09:41:29 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24425467

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Coverage Areas: India

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