News > Wistron estimates Rs 52 crore loss after protests at the Karnataka plant
Wistron estimates Rs 52 crore loss after protests at the Karnataka plant
Business Today | 15/12/2020 08:13 PM | Click to read full article
Apple iPhone manufacturer Wistron suffered losses to the tune of Rs 50 crore after violent protests at its facility in Karnataka. Thousands of contract workers had gathered on Saturday at the iPhone manufacturing facility of Wistron Corporations on the outskirts of Bengaluru to protest against unpaid salaries.
As per its claims, the losses are initially estimated at $100-200 million; approximately Rs 26-52 crore.