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Optiemus

Xiaomi and Dixon extend partnership to make smartphones in India

Xiaomi and Dixon plan to expand their mobile manufacturing partnership for exports and invest in component manufacturing in India.Dixon's shares increased by 4% following the news.On Tuesday, Xiaomi and Dixon's representatives met with Minister of State for IT Rajeev Chandrasekhar to discuss a proposed initiative.“They apprised me about their partnership for manufacturing & exporting mobile phones from India and plans to invest in component ecosystem,” Rajeev Chandrasekhar said in a tweet."The proposed association…

Xiaomi Partners With Dixon Technologies to Make Mobile Phones in India

Contract manufacturer Dixon Technologies (India) on Wednesday said it is partnering with Xiaomi's Indian arm to make and export phones for the Chinese firm.The news, which boosted Dixon's shares by 4 percent, comes after Xiaomi India revealed plans to start making wireless audio products in the country by partnering with electronics manufacturer Optiemus.India has been encouraging global companies to invest more in local manufacturing as a part of its efforts to become a powerhouse in the global…

Xiaomi to Make Wireless Audio Products in India, Targets 50 Percent Jump in Production of Local Components

Xiaomi's Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company said on Monday.Xiaomi India will make its first local audio gadget at Optiemus Electronics' factory in the northern state of Uttar Pradesh, the company said in a statement, reiterating that it was targeting a 50 percent increase in the production of components locally sourced by 2025.The push comes as the manufacturer of the…