Tatas drop plan to buy India business of Vivo

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India Business News: NEW DELHI: Tata group's bid to acquire a majority stake in Chinese smartphone giant Vivo's India business may have stalled after objections by Apple, .

Its takeover of Apple's manufacturing partner Taiwanese Wistron's factories was a big win for the company as it was able to break into US electronics giant's key supplier ecosystem.

This perhaps led to the talks breaking down between Tatas and Vivo," the source said, adding that a "re-think looks highly unlikely 'as of now'.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaChinaTaiwan

Topics: Tata group Objections India business Partnership Chinese smartphone giant Manufactured Business news Vivo Stalled Acquire Apple

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-31 @ 07:36:03 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 503 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21868305

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