In November 2022, Patently Apple posted a report titled "India's Tata Electronics is in Negotiations to Acquire Wistron's iPhone Plant." Then in May we reported that the Tata Group had completed the deal for Wistron and will be manufacturing 5% of the new iPhone 15.

TrendForce Asia had reporting that the Tata Group would be the new contract partner for iPhone manufacturing in India, making it Apple's fourth manufacturer after Foxconn, Pegatron and Luxshare .

The Tata Group will assemble 5% of Apple's iPhone 15 series mobile phones, while Foxconn, Luxshare Precision, and Pegatron will still occupy the main share. Foxconn will still have 70% of assembly orders for the iPhone 15, iPhone 15 Pro , and iPhone 15 Pro Max, while iPhone 15 Plus orders will account for 60%.

Today, a new Bloomberg repeats most of what was already known. TrendForce had reported that the deal was done and Bloomberg reports that a deal is near.

Bloomberg adds that the Wistron Corp. factory in southern Karnataka state employs more than 10,000 workers, who assemble the latest iPhone 14 model.

Wistron has committed to ship iPhones worth at least $1.8 billion from the factory in the fiscal year through March 2024 to win state-backed financial incentives, the people said. It also planned to triple the plant’s workforce by next year. Tata is set to honor those commitments as Wistron exits the iPhone business in India.

The Tata Group already makes iPhone chassis, or the metal backbone of the device, at its factory spread over hundreds of acres of land in Tamil Nadu state. The Tatas also foster chipmaking ambitions, Chairman N Chandrasekaran has previously said. For more, read the full report.

Another Indian conglomerate known as Vedanta is trying to set up a chip plant in India, though they suffered a setback with Foxconn dropping out of the project. Foxconn is to pursue a chip making unit on its own according to India's Livemint.