India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...
Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...
The move will strengthen Tata's position as an Apple supplier in its India supply chain, the sources added. Tata Electronics ...
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 ...
The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
Tata has been aggressively expanding its presence in the iPhone production ecosystem, challenging Foxconn, the only other ...
Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...
Tata Electronics has acquired a majority stake in Pegatron's only iPhone manufacturing facility in Tamil Nadu. The move makes ...
"Apple's contract manufacturers currently have a monthly capacity of around 40 million iPhones, out of which 30-35 million units are made every month. With this deal done, the capacity is only going ...
In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority ...