Dixon Technologies (India) Limited has announced plans to acquire a 51% stake in Kunshan Q Tech Microelectronics (India) Pvt Ltd, a manufacturer of camera and fingerprint modules used in mobile handsets, IoT devices, and automotive applications.
The deal, valued at ₹552.99 crore, will be executed through a combination of share purchase and subscription agreements. Dixon will purchase shares worth ₹427.99 crore from Q Technology (Singapore) Pvt Ltd and Kunshan Q Technology International Ltd, while subscribing to new shares worth ₹125 crore.
Strategic Rationale
The acquisition is designed to:
- Strengthen Dixon’s manufacturing capabilities in the mobile and IoT sectors.
- Enhance backward integration in its supply chain.
- Unlock synergies through technology transfer.
- Support faster go-to-market solutions for clients.
Financial Snapshot of Target Company
Kunshan Q Tech Microelectronics India reported a turnover of ₹1,977.21 million in FY25.
Next Steps
The transaction is subject to customary approvals and closing conditions and is expected to be completed within 90 days.
Bigger Picture
Dixon said the acquisition aligns with its long-term vision of positioning itself as a key enabler in India’s electronics manufacturing ecosystem, supporting the government’s Make in India and Atmanirbhar Bharat initiatives.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.