Dixon Technologies forms joint venture with Gemtek for optical products
after close1 source ↓machine-written, see hownot a recommendation
- in the venture
- 60% stake
- Gemtek will own
- 40%
Dixon Technologies has signed a joint venture agreement with Taiwan's Gemtek Technology to manufacture optical connectivity products in India. Under this arrangement, Dixon Electroconnect will produce optical transceivers and other telecom products. Dixon will hold a 60% stake in the venture, while Gemtek will own 40%. 📈
This collaboration aims to enhance local manufacturing capabilities and meet growing demand in the telecom sector.
Not investment advice. For informational purposes only.