Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into India.

Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...

Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...

In April, Reuters reported that Pegatron was in advanced discussions to sell its Indian ... Wistron last year and is ...

In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority ...

Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...

(Reuters) Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron's ...

Tata Electronics secures 60% stake in Pegatrons iPhone plant in Tamil Nadu, enhancing its role as an Apple supplier amid ...

The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.

"Apple's contract manufacturers currently have a monthly capacity of around 40 million iPhones, out of which 30-35 million units are made every month. With this deal done, the capacity is only going ...