The acquisition will result in a joint venture, in which Tata will own 60% and Pegatron will have 40% interest.

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

Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say ...

"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 ...

(Reuters) Tata Electronics is set to acquire a 60 per cent majority stake in Taiwanese contract manufacturer Pegatron's ...

NEW DELHI (Reuters) -India's Tata Electronics has agreed to buy a majority stake in ... It is also building another in Hosur ...

Reports earlier this year suggested that Pegatron had Apple’s backing for the transaction as the Taiwanese company scaled ...

This deal will enhance Tata's iPhone manufacturing operations, as the company already operates a plant in Karnataka. Tata ...

Under the agreement, Tata will hold a 60% stake in the plant and oversee daily operations, while Pegatron will retain the ...

In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority ...

Tata has even more ambitious plans on the horizon. Besides expanding in manufacturing, the group aims to dive into Apple’s ...