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JV with Vivo may help Dixon grab 1/5th of India's mobile phone assembly mkt

According to sources privy to the deal, Dixon has a capacity to make 40 million smart phones per annum and it is assembling around 30 million phones this year

JV with Vivo may help Dixon grab 1/5th of India's mobile phone assembly mkt
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Surajeet Das Gupta New Delhi

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The announcement made by Dixon Technologies to set up a joint venture (JV) with Chinese mobile maker Vivo, in which the former will have 51 per cent, could help the home-grown EMS (Electronics Manufacturing Services) player to grab over a fifth of the country’s 288 million overall mobile phone assembly market and close to a fourth of the smart phone sweepstakes.
  Tarun Pathak, research director of Counterpoint Technologies, said: “The deal with Vivo will help Dixon increase its share of the smart phone assembly business to around 22-23 per cent and give the firm control of more than a fifth