Dixon seeks to partner China’s HKC for module unit

Noida-based Dixon Technologies is seeking an alliance with Chinese company HKC for its display module manufacturing unit that will cater to smartphones, laptops and televisions, company’s chairman Sunil Vachani said here Tuesday.

HKC will hold a minority stake in the venture. As the company will have an investor from a country with which India shares land borders, prior approval of the Indian government is required under the Press Note 3 of 2020. An application has been made to the government in this regard, Vachani said.