Wistron to invest $20 million in new factory line in Karnataka
Financial Express Chennai|December 28, 2024
Wistron has approved an initial investment of $20 million in one of its subsidiaries to construct a new factory line in Karnataka, laying the foundation to support its upcoming laptop manufacturing plant in India.
NARAYANAN V

APPLE IPHONE SUPPLIER

The company's latest regulatory filings, accessed by FE, shows that Wistron's board has approved a $20 million investment in ICT Service Management Solutions (India) through SMS InfoComm (Singapore), both fully-owned subsidiaries of Wistron. The board had previously approved a total investment of $40 million for setting up the after-sales service production line.

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