Wistron reports damages worth Rs 52 crore after initially claiming Rs 440 Crore loss in iPhone plant violence
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Taiwanese Wistron Corporation, which had reported an estimated loss amounting over Rs 440 crore in December 12 violence at the company's plant in Karnataka's Kolar district, has now claimed it suffered losses up to nearly Rs 52 crore. Wistron, which assembles Apple iPhones at its Kolar unit, has informed the Taiwan Stock Exchange that the preliminary estimates of damages is in the range of 100 to 200 million New Taiwan Dollar.