Kunshan Q Tech Microelectronics (India) Private Limited

Dixon Technologies (India) Ltd entered into an agreement to acquire a 51% majority stake in Kunshan Q Tech Microelectronics (India) Pvt Ltd for Rs 552.99 crore. The target company manufactures camera and fingerprint modules for mobile phones, IoT devices, and the automotive sector.

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.