Wednesday, March 05, 2025 | 09:10 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Wistron sees no major impact of Karnataka plant vandalisation on company

Taiwanese major to continue manufacturing iPhone SE and iPhone 7 models at the unit

Wistron
Premium

Wistron has admitted to lapses in payment of wages to employees and assured full compensation to them

Samreen Ahmad Bengaluru
Taiwanese major Wistron, whose iPhone manufacturing plant was vandalised earlier this month over wage issues, has said that the incident will not impact the company significantly.

“As the Narasapura facility is a new operation and the shipment quantity is still small, the incident will not cause significant impact to Wistron,” it said in a statement to the Taiwan Stock Exchange. The company had pegged the damages during the riot at Rs 50 crore. It also manufactures Microsoft and Lenovo products at the factory.

Technology major Apple had said on Saturday that it will not provide new business contracts to Wistron

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in