Tata Electronics to buy majority stake in Pegatron

Tata Electronics to acquire stake in Pegatron iPhone plant
The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say
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,
Tata Grabs Majority Stake in Pegatron's iPhone Plant, Takes Big Step in Apple's Supply Chain Shakeup
Tata Electronics secures control of Pegatron's iPhone plant in India, boosting its role in Apple's global supply chain amid growing tensions with China.
Tata buys control of Pegatron iPhone plant in Tamil Nadu
Tata Electronics will now own a 60 percent stake with Pegatron holding the balance in a joint venture operating the facility, near Chennai. Economic Times, which reported the news earlier today, puts the value of the deal at $150-200 million, citing sources.
Tata Said To Acquire Majority Stake In Pegatron's iPhone Production Facility In Tamil Nadu: What We Know So Far
Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled down its involvement with the tech giant.
Tata to own 60% of Pegatron’s iPhone manufacturing plant in India: Report
Tata Electronics has reportedly agreed to acquire a majority stake in Pegatron’s only iPhone manufacturing plant in India. This deal will create a new joint venture, further strengthening Tata’s role as an Apple supplier, according to two sources who spoke to Reuters.
Tata's BIG move, to buy stake in this Apple partner amid reports of new iPhone unit in Tamil Nadu
This strategic move follows Tata's acquisition of Wistron's plant in Karnataka Harshvardhan Jaiman Updated : Nov 18, 2024, 11:02 AM IST Tata Electronics is going to buy a majority stake in the iPhone manufacturing plant in Tamil Nadu from Pegatron and will set up a joint venture with Pegatron that will help Tata increase its share in the Apple supplier.
iPhone Production in India Gets a Major Boost: Tata Reportedly Acquires 60% of Pegatron Plant
Tata Electronics secures 60% stake in Pegatrons iPhone plant in Tamil Nadu, enhancing its role as an Apple supplier amid supply chain diversification.
Tata takes control of Pegatron's sole iPhone plant in India
India's Tata Electronics is reportedly buying a 60 percent stake in Taiwan-based Pegatron's only India iPhone facility, strengthening Tata's position as Apple's main supplier partner in the country.
Tata To Buy Majority Stake In Pegatron For Its IPhone Plant In Tamil Nadu
In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority stake in Pegatron's iPhone manufacturing plant in Chennai, Tamil Nadu
Tata to buy a majority stake in Pegatron's iPhone plant in India
Tata Electronics continues to strengthen its smartphone manufacturing business in India as it has reportedly sealed a deal to acquire a majority stake in Taiwanese contract manufacturer Pegatron iPhone plant in India.
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Tata Electronics to buy 60% stake in Apple supplier Pegatron’s iPhone plant in Tamil Nadu, says report
This deal strengthens Tata’s position as an Apple supplier and aims to enhance iPhone manufacturing in India amid Apple ...
Noel Tata BIG Move: Tata Electronics Eyes Major Stake In Apple Partner, Says Report
As part of the agreement, Tata Electronics will secure a 60 per cent ownership in the Tamil Nadu-based iPhone manufacturing ...