The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...
Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, ...
Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into India.
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...
India's smartphone exports have set a new benchmark, surging past the $2 billion mark in October - the highest monthly total ...
Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...
Tata Electronics has agreed to buy a majority stake in Apple iPhone contract manufacturer Pegatron, a Taiwanese company.