Pegatron spends $14 million on land for iPhone production in India

Pegatron plans on setting up a manufacturing base in Chennai, India, gearing up to produce iPhone models in the second half of 2021 at the earliest.

Pegatron spends $14 million on land for iPhone production in IndiaPegatron continues to prepare to shift some of its iPhone production to India, spending over $14 million acquiring land and securing rights to build a factory in Chennai.According to a source that spoke to the DigiTimes, the new site would primarily be used for iPhone production and could employ about 14,000 workers there.

Read more…