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Dixon Technologies entered a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited through primary and secondary investments. The acquisition aims to enhance collaboration in manufacturing, sale, and distribution.
Dixon Technologies (India) Ltd entered a binding term sheet with Chongqing Yuhai Precision Manufacturing Co. Limited to form a joint venture in India. Dixon will hold 74% and Chongqing 26% of the JV, which will manufacture precision components for laptops, mobile phones, IoT devices, and automotive products.