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Pegatron Corporation (4938.TW)

Taiwan - Taiwan Delayed price. Currency in TWD
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94.70+0.20 (+0.21%)
At close: 01:30PM CST
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  • Reuters

    UPDATE 2-Apple's India iPhone output hits $14 bln, Bloomberg News reports

    Apple Inc has assembled $14 billion worth of iPhones in India in fiscal 2024, Bloomberg News reported on Wednesday. Apple now makes as much as 14% or about 1 in 7 of its marquee devices from India, the report said, citing people familiar with the matter. Foxconn assembled nearly 67% while Pegatron Corp made about 17% of the India-made iPhones, the Bloomberg report added.

  • Reuters

    Exclusive - Pegatron in talks with Tata to sell its only India iPhone plant, sources say

    Pegatron is in advanced talks to hand over control of its only iPhone manufacturing facility in India to the Tata Group, said two sources with direct knowledge, marking the Taiwanese firm's latest scale back of its Apple partnership. Under the deal, which has received the backing of Apple, Tata plans to hold at least a 65% stake in a joint venture that will operate the Pegatron plant near Chennai city in the southern Indian state of Tamil Nadu, with the Taiwanese firm providing technical support and holding the rest, one of the sources said.

  • Reuters SG

    UPDATE 1-Workers at Apple supplier Flex's India plant stage one-day strike

    Hundreds of workers at a manufacturing plant of Apple supplier Flex in India's Tamil Nadu state staged a one-day strike on Friday, demanding higher wages for the next three years and the recognition of a union. Many electronics manufacturers in India, including Foxconn and Pegatron, lack a union, while automobile factories have higher levels of organising, according to labour welfare workers. At Flex, unhappy over wages and policies, including tour allowances and medical leaves, all permanent workers, about 750, joined the Centre of Indian Trade Union, said union secretary E. Muthukumar.