According to Bloomberg's report, Taiwanese company Wistron, previously one of Apple's iPhone assembly suppliers in India, has agreed to sell its 100% stake in Wistron InfoComm Manufacturing (India) Private Ltd. to Tata Group for $125 million on October 27, 2023. Wistron will formally exit Apple's su...

Due to geopolitical and pandemic, Apple has been accelerating the diversification of its supply sources, with India being the most well-known case for such transfer. According to TrendForce, India's Tata Group is expected to become the fourth iPhone assembler for Apple. Following Apple's pattern, ne...