Tag: Tata x Wistron

Tata Group acquires 100% stake in Wistron’s iPhone making unit in India

After multiple delays, The Tata Group has finally completed the Wistron deal by acquiring a 100% equity stake in Wistron Infocomm Manufacturing (India). The binding share purchase agreement, signed with SMS InfoComm (Singapore) and Wistron Hong Kong Limited, solidifies the Tata Group’s entry into iPhone assembly. Continue reading “Tata Group acquires 100% stake in Wistron’s iPhone making unit in India”

Tata nears Wistron iPhone plant takeover, deal could close by March 31

Several reports have previously stated that the Tata Group wishes to acquire Wistron’s manufacturing unit, which assembles iPhones. According to a new Bloomberg report, Tata Group is on the verge of acquiring a major plant at Wistron’s facility. Continue reading “Tata nears Wistron iPhone plant takeover, deal could close by March 31”