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Pegatron is reportedly nearing a deal to sell the Tata Group a controlling stake in its iPhone facility in Tamil Nadu, India.
Pegatron facility (Source: Pegatron)
Pegatron facility (Source: Pegatron)
Following its outright purchase of Wistron’s iPhone plant in India’s southwestern state of Karnataka, the Tata Group is poised to take control of a similar facility now owned by Pegatron.
According to Reuters, Pegatron and the Indian conglomerate Tata are in advanced talks. If completed as expected, the Tata Group would control at least 65% of the plant near Chennai city in Tamil Nadu, around 180 miles to the east of the ex-Wistron facility.
India’s Tata Group aims to buy another iPhone manufacturing plant
India’s Tata Group aims to buy another iPhone manufacturing plant
