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Smartphone assembly: Dixon gains ground on Foxconn, DBG in India
Business Standard
|March 22, 2025
Dixon Technologies, the homegrown electronics manufacturing services (EMS) player, is fast narrowing the gap with global rivals — Taiwan's Foxconn Hon Hai and China's DBG Group — in India's smartphone assembly market.
According to Counterpoint Research, Dixon's share in India's smartphone production volume surged to 11 per cent in 2024 from 8 per cent in 2023. By comparison, Foxconn Hon Hai—which assembles iPhones exclusively for Apple Inc — and DBG, which serves Xiaomi and others, each held a 12 per cent share last year. In 2023, Foxconn accounted for 11 per cent, while DBG stood for 9 per cent of smartphone assembly in India.
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