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Shares of Dixon rise 5% a day after joint venture announcement with Vivo
The New Indian Express Kottayam
|December 17, 2024
A day after announcing a joint venture with Chinese mobile maker Vivo on Sunday, the shares of contract manufacturer Dixon Technologies jumped 5% to a day's high of ₹18,321.15.
The Noida-based contract manufacturer, Dixon, along with Vivo, will manufacture mobile phones for Vivo and other companies. Currently, Dixon manufactures phones for Samsung, Xiaomi, Motorola, Oppo, Transsion, Google, and Nothing.
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