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Riots at iPhone maker Wistron's Bengaluru plant cost Rs 437 crore in losses [details]


Top cop Kamal Pant reacts to Bengaluru riots
Apple s iPhone maker Wistron Corporation has estimated the damage from violence at its Narsapura plant near Bengaluru on the last weekend to be around $7.11 million (Rs 52.4 crore).
Unlike earlier reports stated, the violence did not cause any material damage to major manufacturing equipment and warehouses, with preliminary estimates of damages to be up to new Taiwan dollar (NTD) 100-200 million ($7.11 million), said Wistron in a regulatory filing on the Taiwan Stock Exchange on Tuesday.
Noting that the company was assessing the damage in the facility, the filing said its India subsidiary was co-working with the government authorities and police officials on the investigation into the incident on December 12 in the Narasapura industrial area at Kolar, 55km east of this tech hub in southern Karnataka. ....

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Violence at Wistron: K'taka iPhone plant vandalised by employees over salary dues


Violence at Wistron: K taka iPhone plant vandalised by employees over salary dues
A majority of the nearly 2,000 employees, who were exiting the facility after completing their night shift, went on a rampage destroying furniture, assembly units and even attempted to set fire to vehicles.
iPhone 12 lineup at a glance
An iPhone manufacturing plant run by Taiwanese tech giant Wistron Corporation at Narsapura came under attack on Saturday from its employees over salary dues, the police said.
The iPhone plant established at 43 acres at Narasapura industrial area in Kolar that is around 60 km from Bengaluru. Wistron was allocated 43 acres at Narasapura industrial area from the state government after it proposed to invest around Rs 2,900 crore and assurance to give employment to over 10,000 people. ....

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