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 for mobile handsets, IoT devices, and automotive applications.
The deal, valued at ₹552.99 crore, will be executed through a mix of share purchase and subscription agreements.
As part of the transaction, Dixon will acquire shares worth ₹427.99 crore from Q Technology (Singapore) Pvt Ltd and Kunshan Q Technology International Ltd, while also subscribing to new shares worth ₹125 crore.
The acquisition is aimed at strengthening Dixon’s manufacturing capabilities in the mobile and IoT sectors, enhancing its backward integration, and unlocking synergies through technology transfer and faster go-to-market solutions.
Kunshan Q Tech Microelectronics India reported a turnover of ₹1,977.21 million in FY25. The transaction, subject to customary approvals and closing conditions, is expected to be completed within 90 days.
Dixon Technologies said the move aligns with its long-term vision of positioning itself as a key enabler in India’s electronics manufacturing ecosystem.
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