Apple supplier secures land in India, will invest Rs.680 crore

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Technology giant Apple’s Taiwanese contract manufacturer Wistron has won approval from the Karnataka government to build a new assembly facility in Bengaluru. The company will also invest Rs. 680 crore ($105 million) to develop this land and manufacture smartphones, and bio-tech devices, according to company’s documents. Currently, Wistron assembles Apple’s low-cost iPhone SE model in Bengaluru.
Read more at Reuters.

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