Tata seals deal with Pegatron for iPhone plant in India's Tamil …
1 day ago · Tata seals 60-40 JV with Pegatron for iPhone plant, sources say. Apple sees India as a key market, diversifying beyond China. NEW DELHI, Nov 17 (Reuters) - India's Tata Electronics has agreed to ...
Tata seals deal with Pegatron for iPhone plant in India's Tamil …
6 hours ago · Photo: Reuters/File. India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that ...
Tata Said To Acquire Majority Stake In Pegatron's iPhone …
7 hours ago · The transition marks a new phase of competition for Tata as it challenges Foxconn, currently the largest iPhone manufacturer in India. Analysts predict that India will contribute 20-25 per cent of global iPhone shipments in 2024, up from 12-14 per cent in 2023, reflecting Apple's growing reliance on the country for production.
iPhone manufacturing in India: Tata Electronics seals deal for 60% ...
11 hours ago · Tata Electronics is signing a deal to own a majority stake in Taiwanese contract manufacturer Pegatron's plant in Tamil Nadu, people familiar with the development said, underlining its move to increase its capacity of assembling iPhones. The deal is likely to lead Tata Electronics having a 60% stake with Pegatron holding the balance in the JV to run the iPhone production facility.
Tatas to buy stake in Apple partner Pegatron's India business
12 hours ago · Pegatron is believed to have contributed around 10% to iPhone's India production last year, and has a factory in Tamil Nadu. Tata and Pegatron may be partner for an upcoming factory at Hosur in ...
Tata Electronics Seals Deal with Pegatron for iPhone Plant in
3 hours ago · 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. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, two sources told ...
Tata to buy majority stake in Pegatron for its iPhone …
1 day ago · The Pegatron India factory has nearly 10,000 employees and makes 5 million iPhones annually. Last year, Tata Group had acquired Taiwan’s Wistron plant in Karnataka, and the company is also ...
Tata Group seals majority stake in Pegatron’s sole iPhone plant in India
1 day ago · India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60 percent and run daily operations under ...
Exclusive: Pegatron in talks with Tata to sell its only India iPhone ...
BENGALURU/NEW DELHI, April 8 (Reuters) - Pegatron (4938.TW) is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said two sources with...
Pegatron India's iPhone factory shutdown to go into third day …
CHENGALPATTU, India Sept 26 (Reuters) - A production shutdown at Apple supplier Pegatron's (4938.TW) India iPhone factory is expected to extend into Wednesday and disruptions could last...