Tata Group Secures iPhone Assembly Business with Wistron Acquisition in India In a strategic move to strengthen its presence in the technology manufacturing sector, Tata Group has successfully completed the acquisition of Wistron’s division responsible for assembling iPhones in India. This significant deal encompasses a sprawling 44-acre facility, covering nearly 180,000 square meters, located in close proximity to Bengaluru.
The acquisition not only includes the state-of-the-art facility but also comes with eight production lines that played a pivotal role in the assembly of prominent iPhone models, including the iPhone 12 and the upcoming iPhone 14. This development marks a substantial expansion of Tata Group’s capabilities in the high-demand and competitive market of smartphone manufacturing.
The 44-acre facility near Bengaluru, now under the ownership of Tata Group, is poised to become a key hub for the production of iPhones, showcasing the conglomerate’s commitment to contributing significantly to the ‘Make in India’ initiative. The acquisition is expected to bolster India’s position as a vital player in the global smartphone supply chain.
The move aligns with Tata Group’s strategic vision of diversifying its portfolio and expanding its footprint in the technology sector. By taking over the assembly operations previously handled by Wistron, Tata Group aims to leverage its expertise in manufacturing and technological capabilities to further elevate the production quality and efficiency of iPhones.
Industry experts anticipate that this acquisition will not only secure Tata Group’s position as a major player in smartphone assembly but will also open avenues for collaboration and partnerships within the rapidly evolving technology landscape. The Bengaluru facility, having contributed to the assembly of flagship iPhone models, is expected to play a crucial role in the future product lineup of Apple.
As the integration process unfolds, stakeholders will be closely watching Tata Group’s strategic maneuvers in the technology manufacturing space. The acquisition of Wistron’s iPhone assembly division represents a pivotal moment for both Tata Group and the Indian technology industry, solidifying the country’s standing in the global supply chain for high-end consumer electronics.
Last Updated on: Friday, November 10, 2023 6:15 am by Anu Priya | Published by: Anu Priya on Friday, November 10, 2023 6:15 am | News Categories: News, Business, Economy, GENERAL, Tech
About Us: Business Byte covers a wide range of topics, including India news, business updates, startup insights, technology trends, sports, entertainment, lifestyle, automobiles, and more, led by Editor-in-Chief Ankur Srivastava. Stay connected on Website, Facebook, Instagram, LinkedIn, X (formerly Twitter), Google News, and Whatsapp Channel.
Disclaimer: At Business Byte, we are committed to providing accurate, reliable, and thoroughly verified information, sourced from trusted media outlets. For more details, please visit our About, Disclaimer, Terms & Conditions, and Privacy Policy. If you have any questions, feedback, or concerns, feel free to contact us through email.
Contact Us: businessbyteofficial@gmail.com || ankursri983@gmail.com
About Author
