After reports last year, Tata Electronics has confirmed that it has acquired a controlling 60% stake in Pegatron Technology India. This strategic acquisition comes on the heels of Tata Electronics’ takeover of Wistron’s India operations in March 2024, signaling the conglomerate’s aggressive expansion in the electronics manufacturing sector. Continue reading “Tata Electronics acquires 60% sake in Pegatron’s iPhone manufacturing plant in India”
Tag: Tata Electronics and Pegatron
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. Continue reading “Tata to own 60% of Pegatron’s iPhone manufacturing plant in India: Report”