Tata strengthens iPhone production with Pegatron deal, expanding Apple's supply chain beyond China into India.

The Hindu

India

Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say

Media Bias/Fact Check

The Hindu Group

Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, two sources told Reuters.

News18 India

Mukesh Ambani

Tata Electronics Seals Deal with Pegatron for iPhone Plant in Tamil Nadu: Report

Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two sources, who decline…

NDTV

Independent Media

Gautam Adani

New Delhi

Delhi Division

Delhi

Tata Seals Deal With Pegatron For iPhone Plant In Tamil Nadu: Report

"Apple's contract manufacturers currently have a monthly capacity of around 40 million iPhones, out of which 30-35 million units are made every month. With this deal done, the capacity is only going to increase as Apple looks to expand its supply chain outside of China amid geopolitical tensions," an industry executive aware of the developments told ET.

The Economic Times

Sahu Jain family

Tata Electronics seals deal for 60% stake in Pegatron Tamil Nadu iPhone plant

India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, forming a new joint venture that strengthens Tata's position as an Apple supplier, two sources told Reuters.Under the deal announced internally last week, Tata will hold 60 percent and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, said the two source…

NDTV Gadgets 360

Tata Said to Seal Deal with Pegatron for iPhone Plant in Tamil Nadu

Pegatron facility near Chennai, India. 
Image: Reuters/Praveen Paramasivam[/CAPTION] Tata buys control of Pegatron iPhone plant in Tamil NaduTata Electronics has finalised a deal to buy a majority stake in a plant in Tamil Nadu from Apple contract manufacturer Taiwan’s Pegatron, which will advance Indian conglomerate Tata’s partnership with the iPhone maker, Forbes India reported on November 16. Tata Electronics will now own a 60 percent stake w…

Forbes India

Tech5: Tata Buys 60 Percent Stake In Pegatron IPhone Plant, Nvidia's Blackwell Said To Have Server Heating, And More - Forbes India

According to a media citation, Tata Electronics plans to establish a new joint venture (JV) to purchase a 60% majority stake in Taiwanese contract manufacturer Pegatron's iPhone facility in Tamil Nadu. According to the report, the action will improve Tata's standing as an Apple supplier in its supply chain in India.Partnership PlanAccording to the plan, Pegatron would own the remaining 40% of the joint venture and offer technical support, while …

StartupTalky

Tata Electronics Acquires 60% Stake in Tamil Nadu iPhone Plant

NEW DELHI (Reuters) – India’s Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India, forming a new joint venture that strengthens Tata’s position as an Apple supplier, two sources told Reuters. Under the deal announced internally last week, Tata will hold 60% and run daily operations under the joint venture, while Pegatron will hold the rest and provide technical support, sai…

FijiTimes

Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu

Tata Electronics is set to acquire a majority stake in Pegatron’s sole iPhone manufacturing plant in India, forming a new joint venture. This strategic move will solidify Tata’s position as a key Apple supplier and align with Apple’s efforts to diversify its supply chain beyond China. Tata will hold a 60% stake, managing daily operations, while Pegatron will retain 40% and provide technical expertise. The deal, valued undisclosed, follows Apple’…

eastcoastdaily.in

Tata Acquires 60% Stake in Pegatron's iPhone Plant in Tamil Nadu: Report | DH Latest News, DH NEWS, Latest News, NEWS, Business ,

Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India. For India’s Tata, the Chennai Pegatron plant will bolster its iPhone manufacturing plans.Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron’s only iPhone plant in India. For India’s Tata, the Chennai Pegatron plant will bolster its iPhone manufacturing plans.

Tata seals deal with Pegatron for iPhone plant in India's Tamil Nadu, sources say

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics