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Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata, sources say
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this year.
As Apple diversifies its supply chain beyond China, India is set to produce up to 25 per cent of the iPhones shipped this year 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. A Tata Electronics plant that makes Apple iPhone components in Hosur, Tamil Nadu, India.
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