Tata seals deal with Pegatron for iPhone plant in India's Tamil …
1 day 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. ... Aditya Kalra is the Company News Editor for ...
Tata seals deal with Pegatron for iPhone plant in Tamil Nadu: …
1 day ago · Under the terms of the new joint venture, Tata will hold a 60 per cent stake and take charge of daily operations, while Pegatron retains the remaining 40 per cent, providing technical support.
Tata Electronics buys majority stake in Pegatron's only ... - Firstpost
8 hours ago · Tata Electronics is making waves in India’s tech manufacturing sector with a major new acquisition. The Indian giant is set to buy a 60 per cent stake in Pegatron’s only iPhone manufacturing plant in the country, located in Chennai. This move will strengthen Tata’s position as a leading Apple supplier in India, adding to its already ...
Tata Electronics seals deal for 60% stake in Pegatron Tamil Nadu …
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.
Tata Electronics to buy majority stake in Pegatron for its iPhone ...
1 day ago · Last year, Tata Group had acquired Taiwan’s Wistron plant in Karnataka, and the company is also building another plant in Hosur in Tamil Nadu. For Tata, the Chennai Pegatron plant will bolster ...
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...
Tatas to buy stake in Apple partner Pegatron's India business
11 hours ago · Tata and Pegatron may be partner for an upcoming factory at Hosur in Tamil Nadu. Pegatron's India factory is believed to be employing around 10,000 workers and has a capacity to produce five ...
Tata seals deal with Pegatron for iPhone plant in India's Tamil …
1 day ago · NEW DELHI (Reuters) -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% and run daily operations under the joint venture, while Pegatron ...
Tata Group seals majority stake in Pegatron’s sole iPhone plant in …
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 ...
Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu
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% and run daily operations under the joint venture, while Pegatron will hold the rest and ...