Tata ‘to Take Majority Stake in Pegatron iPhone Plant in India’

Quick Summary:

Tata will hold 60% of the Indian JV and run daily operations, while Pegatron will hold the rest and provide technical support, sources say

The post Tata ‘to Take Majority Stake in Pegatron iPhone Plant in India’ appeared first on Asia Financial.

Tata declined to comment, while Apple and Pegatron did not respond to Reuters’ queries on Sunday.

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Author / Journalist: Jim Pollard

Category: InvestingBusiness

Markets: Hong KongAustraliaChinaIndiaTaiwanThailand

Topics: Asia Fintech China-US Economic Ties ESG Market Insights Fintech Insights Regions World

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Article Type: News Report

Published On: 2024-11-18 @ 11:45:27 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: asiafinancial.com

Language: English

Article Length: 360 words

Reading Time: 2 minutes read

Sentences: 24 lines

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Copyright Owner: © Asia Financial

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