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 Pegatron deal
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”
Tata could acquire Pegatron’s iPhone operations in India by May, says a new report
Tata Group is reportedly close to sealing a significant deal with Pegatron, a Taiwanese company, to acquire a majority stake in its iPhone manufacturing operations in India. Continue reading “Tata could acquire Pegatron’s iPhone operations in India by May, says a new report”
Pegatron denies report of selling India iPhone plant to Tata
Pegatron is reportedly discussing transferring control of its only iPhone manufacturing facility in India to the Tata Group, as per a recent report from Reuters, although Pegatron denies this claim. Continue reading “Pegatron denies report of selling India iPhone plant to Tata”