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.
This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...
Tata Electronics and Taiwanese electronics manufacturer Pegatron Corporation have, reportedly, reached an agreement under ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
(Reuters) Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron's ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.
Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, ...
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...