Pegatron

Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata, sources say

by
Taiwan’s Pegatron sells majority stake in India iPhone plant to Tata, sources say

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. Under the deal announced internally last week, Tata will hold 60 per cent and run daily operations under … Read more

China’s Henan province sees drop in smartphone exports as Apple diversifies manufacturing supply chain outside the mainland

by
China’s Henan province sees drop in smartphone exports as Apple diversifies manufacturing supply chain outside the mainland

According to data released by Zhengzhou’s local customs authority, Henan’s smartphone exports totalled 6.65 million units in the first quarter, down 60.1 per cent from the same period last year. The customs data did not provide a breakdown of the handset exports by brand. An iPhone assembly line worker checks one of the devices made … Read more