Pegatron India: $150M investment as first stage of reported $1B plan
Apple’s work to reduce its manufacturing dependence on China took another step forward as Pegatron’s board approved an initial $150M investment in a new plant in India. It was reported in July that Pegatron’s India plans will eventually see the company invest around a billion dollars in the facility.
A follow-up report in the summer said that Pegatron was making preparations to join Foxconn and Wistron in setting up an iPhone plant in India, but plans were reportedly delayed by the coronavirus crisis …
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