Wistron violence could sour Apple’s plans for India

New Delhi, December 16

Violence at a Wistron Corp factory in southern India is likely to stall the company’s and its client Apple Inc’s drive to expand local manufacturing, while forcing the government to redouble efforts to encourage foreign investors.

The violence has led the company to shut the site and file a police complaint against over 5,000 contract workers for destruction of property.

Wistron has not disclosed details, but one source familiar with the situation, speaking on condition of anonymity, said the area where smartphones are assembled and lines where delicate compon

Loss estimated at $60 million

Thousands of contract workers destroyed equipment and vehicles at the plant on Saturday, causing an estimated $60 million in damages

ents, such as printed circuit boards, are mounted, have been damaged. — Reuters