Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, ...

Tata Electronics secures 60% stake in Pegatrons iPhone plant in Tamil Nadu, enhancing its role as an Apple supplier amid ...

The plant, which has around 10,000 employees and makes 5 million iPhones annually, will be Tata's third iPhone factory in India.

Tata already operates an iPhone assembly plant in the southern state of Karnataka, which it took over from Taiwan's Wistron ...

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.

This strategic move follows Tata's acquisition of Wistron's plant in Karnataka Harshvardhan Jaiman Updated : Nov 18, 2024, 11 ...

Tata Electronics is reportedly acquiring a majority stake in Taiwanese electronics major Pegatron’s iPhone unit in Tamil Nadu ...

In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority ...

Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...

Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...

Tata Electronics continues to strengthen its smartphone manufacturing business in India as it has reportedly sealed a deal to ...