Dixon's JV Firms With Chinese Companies To Face Government Scrutiny

Govt Puts Dixon’s China-Linked JV Firms Under Scanner

According to reports, the government will examine Dixon Technologies' recent deals with Chongqing Yuhai and Kunshan Q Technology, two Chinese electronics companies, as well as other domestic electronics manufacturers.According to a media agency, an official told them that when their application falls under Press Note 3 regulations, proper process would be followed. According to Press Note 3 regulations, foreign investments from nations that shar…

Govt To Scrutinise Dixon’s JV Firms With Chinese Companies: Report

The government will reportedly scrutinise the recent agreements of the homegrown electronics manufacturer Dixon Technologies with Chinese electronics companies Chongqing Yuhai and Kunshan Q Technology. “Due process will be followed when their application comes under Press Note 3 rules,” an official was quoted as saying to PTI. As per Press Note 3 rules, it is mandatory to obtain government approval for foreign investments from countries sharing …

Dixon's JV Companies With Chinese language Corporations To Face Authorities Scrutiny

Dixon is more likely to maintain a 74% stake within the JV, and the remainder will likely be owned by Chongqing.

Dixon's JV Firms With Chinese Companies To Face Government Scrutiny

The government will scrutinise recent agreements of domestic electronics contract manufacturer Dixon with Chinese firms Chongqing Yuhai and Kunshan Q Technology.Dixon has signed separate agreements with Chinese electronic component firms -- Chongqing Yuhai Precision Manufacturing Co Ltd and the Indian arm of Kunshan Q Technology -- for manufacturing and sales of electronic components used in electronic devices like mobile phones and laptops, amo…