Tata Electronics acquires 60 per cent stake in Pegatron Technology to ramp up iPhone supply

Tata Electronics Private Limited (TEPL) on Friday said it has acquired a controlling 60 per cent stake in Pegatron Technology India Private Limited (PTI) that operates an iPhone plant, near Chennai

The purchase comes after TEPL’s acquisition of Wistron’s India operations at Narsapura, Karnataka less than a year ago in March.