BENGALURU (Reuters) – Dixon Technologies (India) Ltd is partnering with Xiaomi Corp’s Indian arm to make and export mobile phones from the country, the contract manufacturer said on Wednesday.
The news, which boosted Dixon’s shares by 4%, comes after Xiaomi India revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus.
(Reporting by Navamya Ganesh Acharya in Bengaluru; Editing by Savio D’Souza)