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 has even more ambitious plans on the horizon. Besides expanding in manufacturing, the group aims to dive into Apple’s ...

The Chennai plant, which employs around 10,000 workers and manufactures over 5 million iPhones annually, will become Tata’s ...

TEPL will hold 60 per cent in the joint venture and take care of the plant’s daily operations. Pegatron will hold the rest ...

This deal strengthens Tata’s position as an Apple supplier and aims to enhance iPhone manufacturing in India amid Apple’s ...

Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India.

As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this ...

This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...