Dixon may hit 30 million smartphone volumes in FY25 with Chinese handset deals

Domestic contract manufacturer Dixon Technologies is set to touch 30 million smartphone volumes in FY25 on the back of existing customers, recent deal wins largely from Chinese handset makers such as Xiaomi and Oppo, and other companies such as Google Pixel, according to company executives.

The benefit for the recent joint venture with Vivo, however, would come in FY26 for Dixon once the deal gets regulatory clearance, executives said, adding that the same along with other orders would take the smartphone volumes to around 45 million in the next financial year.