The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into India.
Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.
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.
TEPL will hold 60 per cent in the joint venture and take care of the plant’s daily operations. Pegatron will hold the rest ...
Tata has even more ambitious plans on the horizon. Besides expanding in manufacturing, the group aims to dive into Apple’s ...