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The Economic Times

Business

Dixon Tech, Vivo JV transaction to be completed in 2 months, revenue flow from Oct-Dec qtr: CEO

Vivo Dixon Dixon Technologies Lal

New Delhi, Dixon Technologies expects to complete the transaction of a new joint venture with Chinese smartphone firm Vivo in two months, and its revenue will start reflecting in its balance sheet from the October-December quarter, a senior company official has said.

The joint venture proposal of Dixon and Vivo was cleared by the government in the second week of July. The two companies signed a term sheet on December 15, 2024, to form the joint venture.

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