Investment17 Sept 2025, 09:54 pm
Dixon Technologies to Acquire 51% Stake in Kunshan Q Tech Microelectronics for INR 5,529,999,860
AI Summary
Dixon Technologies (India) Limited (DTIL) has entered into a share subscription and purchase agreement (SSPA) with Kunshan Q Tech Microelectronics (India) Private Limited, Q Technology (Singapore) Private Limited, and Kunshan Q Technology International Limited for the acquisition of an aggregate of 51% of the paid-up share capital of Kunshan Q Tech Microelectronics (India) Private Limited on a fully diluted basis. The total investment amount is INR 5,529,999,860. The acquisition is expected to enhance DTIL’s manufacturing excellence and execution abilities in mobile handsets, IoT devices and automotive applications, and strengthen its long term vision to be a leading enabler in India’s electronics manufacturing ecosystem.
Key Highlights
- DTIL to acquire 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited for INR 5,529,999,860
- The acquisition is expected to enhance DTIL’s manufacturing capabilities in mobile handsets, IoT devices and automotive applications
- The transaction is subject to regulatory approvals
- Kunshan Q Tech Microelectronics (India) Private Limited is engaged in the business of manufacturing, sale and distribution of camera and fingerprint modules for mobile handsets, IoT systems and automotive applications
- The acquisition is expected to unlock significant synergies, accelerate technology transfer, and enable faster go-to-market solutions