India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant ...

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 ...

The move will strengthen Tata's position as an Apple supplier in its India supply chain, the sources added. Tata Electronics ...

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

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

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

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

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