Taipei Times
Date: Nov 12, 2016
By: Lauly Li / Staff reporter

Wistron Corp (緯創), an assembler of Apple Inc iPhones, yesterday approved a capital injection of US$33.5 million at its after-sales subsidiary in India so that it can build a smart devices plant for the Indian market.

“It will be Wistron’s first wholly owned plant in the country,” a Wistron investor relations official said by telephone.

Wistron has a coinvested smartphone plant with India’s Optiemus Infracom Ltd in the state of Uttar Pradesh with a production capacity of 600,000 smartphones per month.

The Uttar Pradesh plant’s clients include Taiwan’s HTC Corp (宏達電) and China’s Oppo Mobile Telecommunications Corp (歐珀移動), according to Indian media reports.    [FULL  STORY]