Thursday, December 14, 2023

Tata Group in talks with Taiwan’s Wistron to assemble Apple iPhones

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According to a report from Bloomberg News on Friday, Taiwanese supplier Wistron Corp. and Indian giant Tata Group are in discussions to create a joint venture that would construct Apple’s iPhones in India.

Bloomberg noted, citing individuals with knowledge of the situation, “The project would be the Indian salt-to-software group’s latest push into technology production as it uses Wistron’s experience in product development, supply chain, and assembly.”

Apple, based in Cupertino, California, has placed a significant wager on India since it started assembling iPhones there in 2017 with Wistron and then with Foxconn, in keeping with the Indian government’s goal for domestic manufacturing.

It wasn’t immediately apparent from the story whether Apple was informed of the discussions.

Although the deal’s specifics are still being worked out, Bloomberg said that Tatas may eventually own a portion of Wistron’s manufacturing operations in addition to cellphones.

Requests for comment from Apple, Tata Group, and Wistron were not immediately fulfilled.

Read more: Apple event: iPhone 14 Pro starts at Rs 1,29,900; iPhone 14 at Rs 79,900

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