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Tata to acquire 60% stake in Pegatron India operations

Tata’s partnership with Pegatron comes amid Apple's push to diversify its production base outside China, with India poised to contribute 24% of global iPhone production this year—double the previous year’s share. Read more

India taking slow steps to beat China in electronics export

India houses Samsung Electronics Co.’s biggest mobile phone factory, while Apple Inc. makes at least 7 per cent% of all its iPhones in India through its contract manufacturer Foxconn Technology Group and Pegatron CorpRead more

India's Mobile Manufacturing boom set to create 150K-250K jobs in 12-16 months

Apple, along with its three contract manufacturers in India—Foxconn, Wistron, and Pegatron—alongside domestic player Dixon Technologies, is set to significantly expand its workforce to meet the growing demand both domestically and internationally.Read more

Foxconn partners with HCL Group for Chip Venture in India

This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more

TN secures billion in investments sectors at Global Investors Meet

Agreements were signed, including a significant investment of Rs 16,000 crore from Vietnamese electric vehicle player VinFast, earmarked for establishing an EV manufacturing facility in the southern district of Thoothukudi.Read more

Corning Inc invests Rs 10 bn in Tamil Nadu for Apple supplier manufacturing facility

The new facility will be situated in Pillaipakkam, near Sriperumbudur, on a 25-acre plot, with the option for expansion as needed.Read more

Apple's 'Make in India' triumph, exceeds Rs 600 bn iPhone assembly target in FY24 Q1

The data is sourced from reports submitted by the three key vendors—Foxconn, Pegatron, and the recently acquired Wistron by the Tatas—to both the central and state governments.Read more

Tata plans massive iPhone assembly plant in India

The conglomerate already owns an iPhone manufacturing facility, acquired from Wistron Corp, in Karnataka.Read more

Apple's expansion gains momentum with increased investments, stores, manufacturing initiatives

Reports indicate that the Sriperumbudur factory on the outskirts of Chennai is now actively involved in assembling the iPhone 15, which launched and went on sale in September.Read more

Indian smartphone manufacturers struggle with PLI targets, call for scheme extension

While global giants like Foxconn, Wistron, and Samsung have contributed to the success of the PLI scheme, a senior executive from Lava emphasised the need for more time to establish local champions in the manufacturing industry.Read more

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