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NEW DELHI — Tata Group, which acquired Taiwanese electronics manufacturer Wistron's India operations for $125 million in October last year, is now reportedly
Tata Group, which acquired Taiwanese electronics manufacturer Wistron's India operations for $125 million in October last year, is now reportedly eyeing to acquire Pegatron's iPhone manufacturing facility near Chennai.
Tata Iphone India: Pegatron is in talks to transfer control of its iPhone manufacturing facility in India to the Tata Group, aiming to establish a joint venture with Tata Electronics holding at least a 65% stake. This move aligns with Apple's diversification strategy amid geopolitical tensions, strengthening Tata's position in iPhone manufacturing in India.
Marking Taiwanese Pegatron's latest scale back of its Apple partnership, the company is in advanced talks to hand over control of its…
India Business News: Tata Electronics to acquire majority stake in Pegatron India for iPhone manufacturing, boosting Apple ties. Investment in Tamil Nadu facility and Luxs