The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...
Tata has even more ambitious plans on the horizon. Besides expanding in manufacturing, the group aims to dive into Apple’s ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...