Dixon inks deal with Nokia to make phones in India
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Padget Electronics is among five domestic manufacturers who have been approved to receive the benefits of India’s new production-linked incentive scheme. MINT
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Contract manufacturer Dixon Technologies India Ltd Monday said its subsidiary Padget Electronics has signed an agreement to manufacture Nokia smartphones at its plant in Noida, Uttar Pradesh.
The company has entered a manufacturing partnership with HMD India, which holds the rights to Nokia’s brand name in smartphones, Dixon Technologies said in a regulatory filing.
“They have established a strong and trusted foothold globally, thanks to their advanced technology. We are sure that with their vision and stringent industry-leading processes, combined with our expertise in manufacturing, we will be able to bring a range of Nokia smartphones to customers, said Atul Lall, vice-chairman and managing director of Dixon Techn
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Dixon Technologies shares have rallied nearly 9 times from its IPO price of Rs 1,766
Shares of electronic goods maker - Dixon Technologies - rose as much as 5.2 per cent to hit another record high of Rs 15,214.20 on the BSE after the company, post market hours on Wednesday, said that it signed an agreement with Imagine Marketing, the maker of popular boAt wearable gadgets for manufacturing of twin wireless speakers. On the National Stock Exchange, Dixon Technologies shares rose as much as 5.35 per cent to hit a record high of 15,218.95. Dixon Technologies (India) Limited and boAt have entered into agreement for manufacturing of twin wireless speakers. Dixon shall be manufacturing the said products from its manufacturing facility located at Noida, Uttar Pradesh, the Noida-based company said in a press release.
Dixon enters into agreement with boAt for manufacturing of Twin Wireless Speakers
Posted On: 2021-01-06 03:56:24 (Time Zone: Arizona, USA)
Dixon Technologies (India) Limited and boAt have entered into agreement for manufacturing of Twin wireless speakers. Dixon shall be manufacturing the said Products from its manufacturing facility located at Noida, Uttar Pradesh.
Commenting on this association, Mr. Atul B. Lall, Vice Chairman & Managing Director, Dixon Technologies (India) Limited said, boAt is the leader in the earwear segment. Their high quality audio devices are known for their style and efficiency. We are delighted and encouraged by the trust they have bestowed on Dixon for this collaboration. Dixon Group is committed to have pivotal impact in making India an Atmanirbhar Bharat backed by our commitment and performance.
Dixon Technologies Surges After Arm To Start Making Smartphones For Motorola Dixon Technologies subsidiary Padget Electronics has signed an agreement with Motorola Mobility LLC for making smartphones
Updated: December 28, 2020 2:38 pm IST
Shares of electronic products maker Dixon Technologies rose as much as 7.07 per cent to hit an intraday high of Rs 13,622 on the BSE after it informed stock exchanges that its subsidiary Padget Electronics has signed an agreement with Motorola Mobility LLC for making smartphones. The smartphones will be manufactured at its manufacturing facility on Noida, the company added. With nearly a century of existence in the market, the legacy and standing of Motorola is unparalleled. To partner with them gives us immense pride as one has to tick each and every box to be on their Board. We are honored to be associated with Motorola brand and we aspire to take forward their legacy of high quality, commitment, ethics and trust, said Atul B. Lall, vic