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Tata in Talks to Buy Pegatron's iPhone Operations as Soon as May

(Bloomberg) -- Tata Group may strike a deal to take control of Pegatron Corp.’s iPhone manufacturing operations in India as soon as May, cementing Apple Inc.’s relationship with one of the country’s most influential conglomerates.Most Read from BloombergElon Wants His Money BackDubai Grinds to Standstill as Flooding Hits CityNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemIsrael Reported to Have Launched Retaliatory Strike on IranRecord Rainfa...
Tamil Nadu Sankalp Phartiyal Narendra Modi Jane Lanhee Lee Bloomberg Businessweek Bloomberg Tata Group
Source: yahoo.com

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Report: Apple's India iPhone Output Hits $14 Bln

Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter. Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the India-made iPhones, the Bloomberg report added. Wistron Corp's plant in the southern Indian state of Karnataka, which the Tata Group took over last year, made the remain...
Tamil Nadu United States Wistron Corp Tata Group Apple Inc Pegatron Corp
Source: aawsat.com

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