Dixon Technology and Weike signed a share subscription agreement.
Dixon Technologies stated in a stock exchange filing that the company has signed a share subscription agreement and a shareholders agreement with Hisense Overseas and its subsidiary Dixon Display Technology on Saturday. Hisense will acquire 26% of Dixon Display Technology's shares, with the remaining shares to be acquired by Dixon Technologies. Dixon and Chinese Hisense plan to establish a joint venture in India, focusing on liquid crystal display screens, televisions, and mobile phone business.
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