DOMESTIC CONTRACT MANUFACTURER Dixon Technologies is set to touch 30 million in smartphone volumes in FY25 on the back of existing customers, recent deal wins largely from Chinese handset makers such as Xiaomi and Oppo, and other firms such as Google Pixel, company executives said.
The benefit for the recent joint venture with Vivo, however, would come in FY26 for Dixon once the deal gets regulatory clearance, executives said, adding that the same along with other orders would take the smartphone volumes to around 45 million in the next financial year.
Dixon currently has a capacity of 50 million smartphones and 30 million feature phones across its four plants. In the first half of the current financial year, the company has already manufactured over 12 million smartphones excluding Samsung.
This story is from the December 17, 2024 edition of Financial Express Bengaluru.
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This story is from the December 17, 2024 edition of Financial Express Bengaluru.
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