Tata nears Wistron's iPhone plant takeover to grow Apple supply role

Tata Group is close to taking over a major plant in southern India in a deal that would give the country its first homegrown iPhone maker. The airline-to-software conglomerate has been in talks with the factory’s owner, Taiwan’s Wistron Corp, for months, and is looking to complete the purchase by the end of March. The two firms discussed various potential tieups but talks have now centered on Tata taking a majority of a joint venture, the people said.

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