The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...
This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...
This deal strengthens Tata’s position as an Apple supplier and aims to enhance iPhone manufacturing in India amid Apple’s ...
Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, ...
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 Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...
Tata Electronics has agreed to buy a majority stake in Apple iPhone contract manufacturer Pegatron, a Taiwanese company.
India's smartphone exports have set a new benchmark, surging past the $2 billion mark in October - the highest monthly total ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...