# Tata Electronics acquires 100% of Wistron India

Tata Electronics Private Limited signed a Share Purchase Agreement to acquire a 100% equity stake in Wistron InfoComm Manufacturing (India) Private Limited, making Tata Group the first Indian company to manufacture Apple iPhones. The deal was announced on October 27, 2023.

- Type: Acquisition
- Announced: 2023-10-27
- Where: near Bengaluru, India
- Status: announced
- Products: Apple iPhones
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tata Electronics](https://endata.com/companies/50845.md) (acquirer)
- [Wistron InfoComm Manufacturing (India) Private Limited](https://endata.com/companies/73681.md) (target)
- [SMS InfoComm (Singapore) Pte. Ltd.](https://endata.com/companies/73682.md) (partner)
- [Wistron Hong Kong Limited](https://endata.com/companies/73683.md) (partner)

## Sources

- [businesstoday.in](https://www.businesstoday.in/technology/news/story/tata-electronics-finalises-100-stake-in-wistron-india-to-become-first-indian-company-to-make-apple-iphones-405176-2023-11-09), 2023-11-09: "Signing of the Share Purchase Agreement to acquire Wistron InfoComm Manufacturing (India) Private Limited is an important milestone for us."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.