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,

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,

India's Tata Electronics is reportedly buying a 60 percent stake in Taiwan-based Pegatron's only India iPhone facility, strengthening Tata's position as Apple's main supplier partner in the country.

In a significant move to strengthen its position as a major Apple supplier, Tata Electronics has agreed to acquire a majority stake in Pegatron's iPhone manufacturing plant in Chennai, Tamil Nadu

TEPL will hold 60 per cent in the joint venture and take care of the plant’s daily operations. Pegatron will hold the rest and provide technical support, according to Reuters. The deal was announced i

India's Tata Electronics has entered into an agreement to acquire a majority stake in Taiwanese contract manufacturer Pegatron's sole iPhone plant in India, establishing a joint venture aimed at bolstering Tata's role as an Apple supplier,

Tata strengthens iPhone making operations with Pegatron deal Tata seals 60-40 JV with Pegatron for iPhone plant, sources say Apple sees India as a key market, diversifying beyond China NEW DELHI, - India's Tata Electronics has agreed to buy a majority stake in Taiwanese contract manufacturer Pegatron's only iPhone plant in India,

As part of the agreement, Tata Electronics will secure a 60 per cent ownership in the Tamil Nadu-based iPhone manufacturing facility, granting it control over daily operations. Pegatron, on the other hand,

India’s Tata Electronics will acquire a majority stake in Taiwanese contract manufacturer Pegatron’s sole iPhone plant in India, which will form a joint venture that bolsters Tata as supplier to Apple (NASDAQ:AAPL),