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Tata Group, Wistron in Talks to Assemble iPhones in India, Bloomberg Reports

09/09/2022 9:11am

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--Indian conglomerate Tata Group and Taiwan's Wistron Corp., an Apple Inc. supplier, are discussing setting up an electronic-manufacturing joint venture in India to assemble iPhones, Bloomberg reports, citing unnamed sources.

--According to Bloomberg, the deal has yet to be finalized, but could involve Tata buying equity in Wistron's India operations and the companies building an assembly plant, one source says.

 

Full story: bloom.bg/3TW6ekH

 

Write to Singapore Editors at singaporeeditors@dowjones.com

 

(END) Dow Jones Newswires

September 09, 2022 03:56 ET (07:56 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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