India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...
India’s Tata Electronics will acquire a majority stake in Taiwanese contract manufacturer Pegatron’s sole iPhone plant in ...
The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
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 ...
India's Tata Electronics is reportedly buying a 60 percent stake in Taiwan-based Pegatron's only India iPhone facility, ...
Apple's iPhone production in India reached a freight-on-board (FoB) value of $10 billion (Rs. 84,000 crore) between April and ...
The partnership will boost Tata's iPhone manufacturing plans as Pegatron is Apple's second-largest manufacturing partner in ...
Tata group will buy into the India operations of Apple's manufacturing partner Pegatron almost a year after acquiring the ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
The Tata-Pegatron plant, which has around 10,000 employees and makes 5 million iPhones annually, will be Tata's third iPhone factory in India. (Reporting by Munsif Vengattil and Aditya Kalra ...