The Economic Times

Dixon targets spot among world's top 5 electronics makers within a decade, bets on components beyond smartphones

Dixon Technologies aspires to become one of the world's top five electronics contract manufacturers in ten years. The company seeks to expand its production of higher-margin components and IT hardware while maintaining its smartphone assembly business. Recently, it gained government approval to partner with Vivo for smartphone manufacturing. Despite growth in revenue, Dixon faces margin pressure in its core mobile business.