Tata Group to become the first Indian iPhone makerBloombergTata Group is set to seal a deal to become India’s first homegrown iPhone maker after Wistron Corp (緯創) yesterday agreed to sell a plant in the southern part of the country to the conglomerate. The unit operates an iPhone assembly plant near Bengaluru, a person familiar with the matter said. Wistron is one of three Taiwanese iPhone manufacturers in India, along with Foxconn and Pegatron. It has sought to diversify its business beyond thin-margin iPhone manufacturing into areas such as servers, agreeing to sell its iPhone production business in China to a competitor in 2020. That plant stands on several hundred hectares of land where Tata could add iPhone manufacturing lines in the next few years.

Source: Taipei Times October 28, 2023 00:50 UTC