Pegatron

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

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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 … Read more

Tata Electronics Acquires 60 Percent Stake in iPhone Maker Pegatron Technology India

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Tata Electronics Pvt Ltd (TEPL) on Friday announced the acquisition of a controlling 60 per cent stake in Taiwanese contract manufacturer Pegatron’s India unit, cementing its position as a key player in the Indian electronics manufacturing sector. The financial details of the transactions were not disclosed. Pegatron India is a subsidiary of Taiwanese Pegatron Corporation, … Read more