05.22.2023
Apple supplier Wistron is selling its iPhone assembly factory in India because Apple's terms prevent it from making a profit in the region.Wistron exits Apple India businessA report on May
Apple supplier Wistron is selling its iPhone assembly factory in India because Apple’s terms prevent it from making a profit in the region.
Wistron exits Apple India businessA report on May 2 had suggested Wistron was gradually scaling down a majority of its operations in India and would to withdraw a significant portion of its presence from the country within the following year. The move is now official, according to India’s Economic Times which spoke to company executives.
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