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Tata Electronics secures control of Pegatron's iPhone plant in India, boosting its role in Apple's global supply chain amid growing tensions with China.
The plant, which has around 10,000 employees and makes 5 million iPhones annually, will be Tata's third iPhone factory in India.
The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron's iPhone manufacturing facility in India. This ...
Tata Electronics is reportedly acquiring a majority stake in Taiwanese electronics major Pegatron’s iPhone unit in Tamil Nadu ...