Xiaomi may eye smartphone assembly partnership with Dixon in India.
August 18, 2023
Key Takeaways:
- Xiaomi may partner with Indian assembler Dixon for smartphone assembly, potentially affecting other EMS partners like FIH, BYD, and DBG.
- Dixon, as a local Indian EMS, can benefit from production-linked incentives (PLI), potentially reducing Xiaomi's production costs and sharing these benefits.
- In contrast, Chinese-backed firms like DBG and BYD may struggle to secure PLI incentives in India, highlighting Dixon's advantage in this aspect.
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