Dixon Technologies (India) said it has entered into agreement with Samsung India Electronics for manufacturing of LED TVs.
In an exchange filing made after market hours on Friday, 3 January 2020, Dixon Technologies (India) (Dixon) said it has entered into agreement with Samsung India Electronics (Samsung) for manufacturing of LED TVs. Dixon shall be manufacturing LED TV for Samsung from its manufacturing facility located at Tirupati, Andhra Pradesh.
The stock rose 0.96% to settle at Rs 3,950.70 yesterday, 3 January 2020.
Dixon is the largest home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.―Business Standard