The government will scrutinise recent agreements of domestic electronics contract manufacturer Dixon with Chinese firms Chongqing Yuhai and Kunshan Q Technology.<\/p>\n
Dixon has signed separate agreements with Chinese electronic component firms — Chongqing Yuhai Precision Manufacturing Co Ltd and the Indian arm of Kunshan Q Technology — for manufacturing and sales of electronic components used in electronic devices like mobile phones and laptops, among others.<\/p>\n
“Due process will be followed when their application comes under Press Note 3 rules,” an official said.<\/p>\n
With Chongqing Yuhai Precision Manufacturing Co Ltd, Dixon plans to set up a joint venture for the business of manufacturing and supply of precision components for laptops, mobile phones, IoT, automotive and any other products. <\/p>\n
Dixon is likely to hold a 74 per cent stake in the JV, and the rest will be owned by Chongqing.\t <\/p>\n
The company has also announced the signing of a binding term sheet with Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India) and its shareholders — Q Technology (Singapore) Private Limited and Kunshan Q Technology International Limited, for the proposed acquisition of an aggregate of 51 per cent shareholding in Q Tech India.<\/p>\n
Kunshan Q Technology is based out of China.<\/p>\n
With this collaboration, Dixon plans to manufacture, sell and distribute camera and fingerprint modules for mobile handsets, internet of things (IoT) systems and automotive applications. <\/p>\n
Dixon Technologies has announced its participation in the Rs 22,919-crore incentive-based Electronics Components Manufacturing Scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"
The government will scrutinise recent agreements of domestic electronics contract manufacturer Dixon with Chinese firms Chongqing Yuhai and Kunshan Q Technology. Dixon has signed separate agreements with Chinese electronic component firms — Chongqing Yuhai Precision Manufacturing Co Ltd and the Indian arm of Kunshan Q Technology — for manufacturing and sales of electronic components used in electronic devices like mobile phones and laptops, among others. “Due process will be followed when their application comes under Press Note 3 rules,” an official said. With Chongqing Yuhai Precision Manufacturing Co Ltd, Dixon plans to set up a joint venture for the business […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[],"class_list":["post-947440","post","type-post","status-publish","format-standard","hentry","category-it-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=947440"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/947440\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=947440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=947440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=947440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}