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Salcomp has started operations at the former Nokia plant in Sriperumbudur, Tamil Nadu, with an initial investment of Rs 500 crore and 5,600 employees. The plant will manufacture chargers for Apple, with plans to ramp up investment to over Rs 1,000 crore and 15,000 employees.
Lingyi iTech (Guangdong) Company has completed the acquisition of Salcomp Plc from Nordstjernan AB and Sjätte AP-fonden for €88 million.
| Site | Largest | Latest |
|---|---|---|
| Sriperumbudur, India | $68.0M | 2020-10-26 |