The wholly-owned subsidiary of Dixon Applied sciences, Padget Electronics Pvt Ltd, has signed an settlement with Longcheer and commenced the manufacturing, manufacturing and sale of smartphones.
Atul B. Lall, Vice Chairman and Managing Director of Dixon Applied sciences (India), mentioned, “It offers us immense pleasure to companion with ‘Longcheer’ to undertake manufacturing and sale of smartphones for giant international manufacturers with Longcheer’s design and expertise.”
The corporate had earlier entered right into a share buy settlement with Ismartu India Non-public Restricted.
Dixon inventory declined by 2.19 per cent to commerce at ₹7,333.90 on the NSE as of 12.34 pm.
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