Tata Said to Be in Talks to Buy Wistron's iPhone Manufacturing Plant in India

iPhone models are assembled in China and India by industry giants like Wistron and Foxconn.

By Reuters | Updated: 30 November 2022 10:43 IST

Tata Said to Be in Talks to Buy Wistron's iPhone Manufacturing Plant in India

Photo Credit: Apple

Foxconn and Pegatron produce Apple's latest iPhone 14 handset in India

Highlights

iPhone models are assembled in China and India by Wistron and Foxconn
Tata manufactures iPhone chassis components in southern India
Earlier, Pegatron reportedly began assembling iPhone 14 in India

Tata Group is in talks to buy Wistron's only manufacturing facility in India for up to Rs. 5,000 crore, the Economic Times business daily reported Wednesday, citing people familiar with the discussions.

If it fails to strike a deal to buy the facility in the southern Indian state of Karnataka, Tata could consider a joint venture with Taiwan's Wistron – one of Apple's top vendors in India – the report said, citing sources close to Tata.

Tata Electronics, a unit of salt-to-software conglomerate Tata Group, already supplies components to Apple from its Hosur unit in Tamil Nadu, which neighbours Karnataka, according to the report.

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Tata, Wistron and Apple did not immediately respond to Reuters' e-mailed requests for comment.

Bloomberg had reported in September that Tata was in talks with Wistron to establish a joint venture to assemble iPhones in India.

Currently, iPhones are assembled in India by at least three of Apple's global suppliers – Wistron in Karnataka, as well as Foxconn and Pegatron in Tamil Nadu.

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Earlier this month, Apple's Taiwanese contract manufacturer Pegatron reportedly began assembling the new iPhone 14 in India. Both Foxconn and Pegatron produce Apple's latest iPhone 14 handset in India, the former began assembling the smartphone in September.

Cupertino, California-headquartered Apple has bet big on India since it began iPhone assembly in the country in 2017 via Wistron and later with Foxconn, in line with the Indian government's push for local manufacturing.

J.P.Morgan analysts estimate Apple may make one out of four iPhones in India by 2025 as the tech giant moves some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country.

© Thomson Reuters 2022

Apple launched the iPad Pro (2022) and the iPad (2022) alongside the new Apple TV this week. We discuss the company's latest products, along with our review of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

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iPhone 14

REVIEW
KEY SPECS
NEWS

Design
Display
Software
Performance
Battery Life
Camera
Value for Money

Good
Good overall performance
Great camera quality in daylight
iOS ecosystem and ease of use

Bad
Dated design and notch
Very similar to iPhone 13
Relatively slow charging
Expensive

Read detailed Apple iPhone 14 review

Display 6.06-inch

Processor Apple A15 Bionic

Front Camera 12-megapixel

Rear Camera 12-megapixel + 12-megapixel

Storage 128GB, 256GB, 512GB

OS iOS 16

Resolution 1170x2532 pixels

More Apple mobiles Apple mobiles price in India

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