India's Tata Electronics is in Negotiations to Acquire Wistron's iPhone Plant - Patently Apple

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News retired of Beijing China contiguous states that India's Tata Electronics, a part of the Tata Group, presently supplying iPhone components to a works owned by Wistron, is successful talks with Wistron to get their iPhone accumulation installation successful the confederate Indian authorities of Karnataka. Tata Electronics is reportedly offering US$612.6 million.

The Tata Group whitethorn besides see mounting up a associated task with Wistron should the negotiations for an acquisition fail. Wistron is 1 of Apple's largest suppliers successful India.

Two years ago, riots broke retired astatine Wistron's works successful India implicit wage issues not being handled properly, a akin concern that Foxconn was successful implicit the past week.