Dixon Technologies Eyes 3X Value Addition in Smartphones via Strategic JVs

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is set to boost smartphone value addition from 15–17% to 45–55% by acquiring a 51% stake in Q Tech India for camera modules and forming a 74:26 JV with Chongqing Yuhai for enclosures. Coupled with its existing display JV with HKC, these strategic steps could enhance margins by 150–200 bps and unlock new revenue streams, according to analysts.