Dixon Technologies arm inks take care of Motorola Mobility for manufacturing of smartphones

Dixon Technologies, a contract producer in digital items, on Monday stated its wholly owned subsidiary Padget Electronics Pvt Ltd has entered into an settlement with Motorola Mobility LLC for manufacturing of smartphones.
“Dixon’s wholly owned subsidiary Padget Electronics has signed an agreement with Motorola for manufacturing of smartphones,” Dixon Technologies stated in a regulatory submitting.
The merchandise shall be manufactured at Padget’s manufacturing facility located at Noida, Uttar Pradesh, the corporate added.
Shares of Dixon Technologies (India) had been buying and selling 4.35 per cent larger at Rs 13,275 apiece on the BSE.