Last month, Wistron Corporation announced that Tata Electronics would acquire a 100% stake in Wistron InfoComm Manufacturing India (WMMI), a company that assembles Apple’s iPhones in India. Today, Tata Electronics has finally completed the acquisition, enabling it to join Apple’s supply chain as a company for assembling iPhones in India. Tata Electronics is owned by […]
Read MoreLast month, Wistron Corporation announced that Tata Electronics would acquire a 100% stake in Wistron InfoComm Manufacturing India (WMMI), a company that assembles Apple’s iPhones in India. Today, Tata Electronics has finally completed the acquisition, enabling it to join Apple’s supply chain as a company for assembling iPhones in India. Tata Electronics is owned by […]
Read MoreTata Group finally completed the acquisition of Wistron’s division that assembles iPhones in India. The agreement included a 100% equity stake in Wistron Infocomm Manufacturing, a $125 million payment for the production lines, and a $550 million inter-corporate loan provided to the parent company Wistron India. The deal includes a 44-аcre (nearly 180,000 sq. m) […]
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