The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
(Reuters) Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron's ...
The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...
Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into 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 ...
Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...
This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.
Tata Electronics strengthens its position in iPhone manufacturing by acquiring 60% stake in Pegatrons factory in India, ...
This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production to high-tech electronics manufacturing.