Violence at K'taka iPhone plant caused up to ₹52 cr loss not ₹440 cr: Wistron
Apple's supplier Wistron has clarified that ransacking of its iPhone manufacturing facility near Bengaluru caused up to ₹52 crore in losses, a day after estimating damages worth ₹440 crore in a police complaint. The company said major production facilities and warehouses had not suffered as serious damage as reported by local media, adding it is negotiating with the insurance company.