Dixon Technologies to acquire 51% stake in Q Tech India via primary and secondary investment

Dixon Technologies (India) on Tuesday (July 15) announced that it has entered into a binding term sheet to acquire a 51% stake in Kunshan Q Tech Microelectronics (India) Private Limited (Q Tech India). The proposed acquisition will be executed through a combination of primary and secondary investment.

The transaction, aimed at enhancing collaboration in the manufacturing, sale, and distribution of camera and fingerprint modules, will support applications across mobile handsets, IoT systems, and the automotive sector.

Q Tech India is a subsidiary of Q Technology (Singapore) Private Limited and Kunshan Q Technology International Limited — both part of the Q Tech Group. “By way of this acquisition, Dixon will enhance its capabilities in this critical component by gaining access to technology, high precision manufacturing & a strong talent pool and continue its expansion into markets & contribute meaningfully to India’s component ecosystem,” the company said in an exchange filing.
The shares of Dixon Tech ended 0.59% lower at ₹15,804 in the session on Tuesday.

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