TAIPEI/BENGALURU -- India's Tata Electronics said on Friday it would acquire a 60% stake in Taiwanese electronics giant Pegatron's Indian plants, paving the way for Apple to deepen its supply chain in the South Asian country amid U.S.-China tensions.
Supply Chain
Tata Electronics takes 60% stake in Pegatron's India iPhone plants
Deal paves way for Apple to deepen India supply chain as Trump returns
Vehicles pass through security at the entrance of a Tata Electronics plant in southern India's Tamil Nadu. The facility makes Apple iPhone components. © Reuters
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