The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.
This move strenthen Tata group’s position as a key player in Apple's supply chain, expanding from salt and steel production ...
Tata Group to Acquire Stake in Apple Partner Pegatron's India Business - Tata Group is set to acquire the India operations of ...
Reuters in April reported that Pegatron is in advanced talks to sell its only India-based iPhone manufacturing facility near ...
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 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 Electronics has agreed to buy a majority stake in Apple iPhone contract manufacturer Pegatron, a Taiwanese company.
As part of the agreement, Tata Electronics will secure a 60 per cent ownership in the Tamil Nadu-based iPhone manufacturing ...
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Healthkart has closed a secondary funding round that values the startup at $500 million. This and more in todays ETtech Top 5 ...
Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into India.