Tata to make iPhones in India
Manish Singh, writing for TechCrunch:
Tata Group will start making iPhones in India for the local and global markets, India’s Deputy IT Minister Rajeev Chandrasekhar said on Friday, after the Taiwanese firm Wistron entered a deal with the salt-to-tech conglomerate.
Tata Group has acquired Wistron InfoComm Manufacturing (India) Pvt for $125 million, the Taiwanese firm said in a stock exchange filing. Wistron said it finalized the deal after strategic considerations in response to the reshaping of the firm’s global manufacturing strategy.