Apple Supplier Wistron Says Looking To Re-Start Violence-Hit Kolar Factory
Apple Inc's contract manufacturer Wistron said on Tuesday it was looking to restart operations at its factory in southern India which was shut late last year after workers went on a rampage at the site. Wistron was working hard to raise standards and fix issues at the plant in Karnataka's Kolar district, the Taiwanese company said in a statement. "We are looking forward to restarting our operations and welcoming back team members and we thank them for their patience and support as we worked through corrective actions," Wistron said.
Wistron did not give a timeline for the re-opening of the plant but three government officials in India said the company could begin operations at the Narasapura factory as early as next week. The officials declined to be named as the matter is not public. Contract workers angry over unpaid wages destroyed property, gear and iPhones on Dec. 12, causing millions of dollars in losses to Wistron and forcing it to shut the plant.
Apple put Wistron on probation after its audit of the plant found violations of 'Supplier Code of Conduct'. On Tuesday, Wistron said it had paid all its workers and brought in new hiring and payroll systems. "We will be delivering enhanced training programs for all workers, and have put in a place a new system for workers to get information and raise any concerns they may have, anonymously," it added. Apple did not immediately respond to a request for comment.
-
Signature Play: The Classic Cocktail Is Dead. Or Is It?
Classic cocktails are disappearing from India's cocktail menus. But they're still being ordered, taught to bartenders and borrowed from. So, who's really having the last drink?
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.