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Pegatron cuts shareholding of Indian iPhone plant to 40%

Chloe Liao, Taipei; Rodney Chan, DIGITIMES Asia 0

Credit: DIGITIMES

Pegatron has disclosed that it has reduced its holding in an Indian subsidiary to 40%, confirming reports saying India's Tata Electronics has acquired a 60% stake in the Taiwanese maker's iPhone manufacturing plant in the South Asian country.

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