Dixon Technologies (India) announced on July 15, 2025, that it has entered into a binding term sheet. This agreement is for the acquisition of a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India). The transaction will be executed through a combination of primary and secondary investments.
Financial specifics of the deal were not disclosed in the company’s statement. This acquisition aims to foster collaboration in the manufacturing and supply of camera and fingerprint modules. These components are intended for use in mobile handsets, Internet of Things (IoT) systems, and automotive applications.
The deal is expected to provide Dixon Technologies with access to advanced technology, high-precision manufacturing capabilities, and specialised talent. Dixon is a manufacturer of consumer durables and electronic goods. The company intends to strengthen its backwards integration plans through this acquisition.
Q Tech India is a subsidiary of Q Technology (Singapore) Private Limited and Kunshan Q Technology International Limited, both part of the Q Tech Group. Q Tech India also provides services in IT support, cybersecurity, home automation, and web development. This acquisition is to enhance Dixon's capabilities in the critical component sector.
Atul B Lall, Vice Chairman and Managing Director of Dixon Technologies (India), stated “Acquiring a majority stake in Qtech India is a major step forward in Dixon’s journey foraying into development and production of camera modules and fingerprint recognition modules across mobile handsets, IoT devices and automotive applications, thereby strengthening backward integration plans of the Company”.
Read more: Dixon Technologies Forms JV with Signify Innovations!
As of 9:35 AM on July 16, 2025, Dixon Technologies share price was trading at ₹16,380, a 3.52% increase.
The proposed acquisition is subject to the signing of definitive agreements, receipt of any applicable regulatory approvals, and completion of customary conditions precedent.
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Published on: Jul 16, 2025, 9:37 AM IST
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