Wistron, the Taiwan-based electronic manufacturer, announced Friday that its board had given approval to sell 100% of the indirect stake of Wistron InfoComm India to Tata Electronics Private Limited. The deal is tentatively valued at $125 million. The group will manufacture the premium phones after it acquired Apple supplier Wistron’s factory in Karnataka, thereby becoming […]
Tata to become 1st Indian manufacturer of iphones, acquires subsidiary of Apple supplier Wistron comes via ChinaTechNews.com.