
Pegatron facility (Source: Pegatron)
Following its 2023 purchase of Wistron's iPhone plant for $125 million, India's Tata Electronics has agreed to invest $1.4 billion for what is described as establishing mobile phone assembly operations. That ex-Wistron plant is in Karnataka, and the new deal is with the neighbouring Tamil Nadu region.
At the same time, iPhone assembler Pegatron committed $120 million for expansion in the region.
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