ChipsET Techabout 2 hours ago
Tata Electronics Triples Equity Investment for iPhone, Chips
3 min read
Tata Electronics more than tripled equity investments to ₹3,727 crore as of March 2026, driven by semiconductor expansion. It provided ₹61,280 crore in corporate guarantees and ₹1,017 crore in loans to subsidiaries. Gross debt surged 71% to ₹11,718 crore. Consolidated operating income nearly doubled to ₹1,29,902 crore, but net loss widened to ₹1,611 crore. The company makes about 12% of Apple's global iPhones.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storyApple
