The plant, which has around 10,000 employees and makes 5 million iPhones annually, will be Tata's third iPhone factory in India.

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

Tata Electronics has reportedly closed a deal to acquire a majority stake in Pegatron’s iPhone plant in India. The Pegatron plant has a production capacity of five million iPhones annually. This will ...

Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India, ...

The announcement for the deal's closure was made internally at the iPhone plant on Friday, said the first source. The second ...

Earlier this year, Tata Electronics was in discussions to hold at least a 65% stake in a JV with Pegatron, to operate its ...

announced that it has received the initial payment from Tata Group for its fab IP business in India. Design operations for the new... Save my User ID and Password Some subscribers prefer to save ...

In a significant development for India's Electronics manufacturing sector, Tata Electronics is set to commence Iphone production at its Hosur facility in Tamil Nadu in November. This marks Apple's ...

With sustained growth in developer talent and a strong emphasis on AI and open source, India is well-positioned to continue its ascent in the global technology ecosystem.

This move also marks that for the first time an Indian iPhone ... and Tata-owned Wistron. As per Economic Survey 2023-24, India contributed about 14% to Apple’s overall production in FY24 ...

Analyst Ming-Chi Kuo called it – Apple is doing early manufacturing work on the iPhone 17 in a factory in India, not China ... right now is called “New Production Introduction” – figuring ...

The Q2 results by Tata Technologies Ltd missed analyst estimates ... Collaboration with Air India is the latest example (Anchor clients, Agratas, Airbus are few others). These are strong ...