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