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Dixon Tech CEO Says 'Very Close' To Final Nod For Vivo JV; Expects Production Boost
The proposed JV, announced in December 2024, aims to manufacture smartphones and other electronic devices in India.
Weekly Tech Wrap: Instagram Kills 'Followers', OpenAI Phone, Pixel 11 Specs, Vivo X300 Ultra, OnePlus Nord CE 6
This week: Instagram kills followers, OpenAI phone coming, Vivo X300 Ultra, OnePlus Nord CE 6 launched.
A ₹15,000-crore wipeout: how Xiaomi lost India’s smartphone race to Vivo, Samsung and Apple
Once India’s top smartphone brand, Xiaomi has slipped out of the top five as rivals dominate a market reshaped by premiumization, retail expansion,and shifting consumer demand.
Dixon’s HKC approval could add 5-10% to profitability, Vivo venture next trigger: IIFL
Renu Baid Pugalia, Senior VP-Research at IIFL Institutional Equities, says Dixon’s JV approval with HKC is a positive step in its backward integration strategy for smartphones and laptops. However, she notes that the bigger trigger for the company remains approval of the proposed Vivo JV, which could significantly boost smartphone volumes and drive the next leg of earnings growth.
Under scrutiny in India, Chinese electronics companies tap parents to keep going
Chinese electronics firms in India are leaning on their parent companies for financial aid. This support helps them navigate legal hurdles and regulatory issues. Companies like Vivo and Xiaomi are receiving backing through various financial instruments. This trend highlights the challenges faced by these businesses in the Indian market. Parent firms are providing crucial financial lifelines.
Dixon Tech shares rise 5% amid buzz of govt nod for Vivo JV; JPMorgan retains ‘overweight’ rating
Vivo currently holds a dominant position in the Indian smartphone market and is estimated to have sold 3.5 crore handsets in 2025.
Dixon Tech rises 3% despite weak Q4 results; Vivo JV optimism boosts stock
On NSE, Dixon Technologies was trading at Rs 10,491.00, up Rs 353.00 or 3.48%.