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    Dixon Tech signs agreement with Google to sub-license rights relating to Android

    Synopsis

    Dixon Technologies (India) on Monday said that it has signed an agreement with Google to sub-license rights relating to Android and Google TV and has become the first contract manufacturer in India to do so.

    Dixon Tech | Buy | Target: Rs 4,580Agencies
    Dixon Technologies (India) on Monday said that it has signed an agreement with Google to sub-license rights relating to Android and Google TV and has become the first contract manufacturer in India to do so.
    "This new partnership will enable the company to offer cost-effective, consistent, high quality & out of box experience to our existing customers & potential new brands which will further strengthen the company’s market leadership in the LED TV category," the company said in a press release.

    “Google is an iconic company & I am delighted and encouraged by the trust they have bestowed on Dixon. As the landscape for streaming grows, customer demands call for multiple choices and Dixon’s product offerings are poised to answer such needs," said Atul B. Lall, Vice Chairman & Managing Director of Dixon Technologies.

    "This has been possible largely due to company’s relentless focus on innovation, backward integration, large scale & strong relationship with National & International brands. This is in line with our effort to contribute to “Make in India” initiative of the Government,” he added.

    As of 11:20, the scrip was trading with gains of around 1% on NSE.


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    ( Originally published on Sep 04, 2022 )
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