Dixon Technologies shares soar after announcing joint venture with Chinese mobile maker Vivo

NEW DELHI: A day after announcing a joint venture with Chinese mobile maker Vivo on Sunday, the shares of contract manufacturer Dixon Technology jumped 5% to a day’s high of Rs 18,321.15.

The Noida-based contract manufacturer, Dixon Technology, 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.