Pegatron Sells India iPhone Plant
This is a India news story, published by South China Morning Post, that relates primarily to Tata news.
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TataSouth China Morning Post
•Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata
79% Informative
Taiwan 's Pegatron sells majority stake in India iPhone plant to Tata , sources say.
India is set to produce up to 25 per cent of the iPhones shipped this year .
Tata will hold 60 per cent and run daily operations under the joint venture.
Sources did not elaborate on the financials of the deal.
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