Tata Electronics
Tata Group Expands Electronics Footprint With Acquisition Of Wistron India Unit
Brands Companies Electronics News

Tata Group Expands Electronics Footprint With Acquisition Of Wistron India Unit

In a significant development, the Competition Commission of India (CCI) has granted approval for the complete acquisition of Wistron Infocomm Manufacturing (India) by Tata Electronics. The proposed deal involves the acquisition of the entire equity share capital of Wistron Infocomm Manufacturing (India) from SMS Infocomm (Singapore) and Wistron Hong Kong by Tata Electronics, a greenfield […]

Read More
Foxconn To Invest $55.29 Mn In Bengaluru Unit
Companies Finance Manufacturing News

Foxconn To Invest $55.29 Mn In Bengaluru Unit

Taiwanese electronics manufacturer Foxconn has invested USD 55.29 million in Bengaluru-based Foxconn Precision Engineering, a fresh capital made through the company’s Singapore-based subsidiary Foxconn Singapore. Foxconn Singapore has acquired 46,08,76,736 shares in total at Rs 10 each. The company’s Bengaluru unit was incorporated six months ago to set up a Rs 8,800 crore supplementary plant […]

Read More
Tata Electronics To Expand iPhone-Casing Unit In Hosur, Doubles Capacity
Brands Companies Electronics Manufacturing News

Tata Electronics To Expand iPhone-Casing Unit In Hosur, Doubles Capacity

Tata Group’s Tata Electronics is likely to expand its existing iPhone-casing unit in Hosur to up to twice its current size and capacity, according to a media report on Monday. The company’s aim is to enlarge its contract manufacturing of high-end electronic items and accessories, the report added. Currently, the Hosur unit, spread across 500 […]

Read More