Apple Puts Wistron On Probation, Suspends New Business Opportunities
Technology giant Apple has said that it will not provide new business contracts to Wistron globally until the Taiwanese manufacturer completes all corrective actions at its Narasapura facility, around 60 kms from Bengaluru.
Wistron on Saturday admitted to certain lapses in payments to workers at the facility in Kolar district and said that it is removing its vice president Vincent Lee, who oversees its business in India. While apologising to all the employees it has assured that all of them will be compensated immediately.
“We have placed Wistron on probation and they will not receive any new business from Apple before they complete corrective action,” said Apple in a statement. “Apple employees, along with independent auditors, will monitor their progress. Our main objective is to make sure all the workers are treated with dignity and respect, and fully compensated promptly,” it added. Wistron has manufacturing lines for Apple products in China, too.
ALSO READ: iPhone maker Wistron agrees to lapses in payment of wages, sacks India VP
The Cupertino-headquartered company had launched an investigation into the incident last week in which thousands of people, including employees, had vandalised the Wistron campus in Karnataka which manufactures iPhones apart from other IoT products over wage issues. Wistron is one of the largest suppliers of iPhones in the world and manufactures iPhone 7 and the new iPhone SE models in India.
Expressing disappointment, Apple said that its focus is on making sure everyone in the supply chain is protected and treated with dignity and respect.
“While these investigations are ongoing, our preliminary findings indicate violations of our Supplier Code of Conduct by failing to implement proper working hour management processes. This led to payment delays for some workers in October and November,” added Apple.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
The Battle For Depositors: US Lenders Ramp Up Efforts Amidst Rate Uncertainty
In the competitive landscape of the US banking sector, retaining depositors is paramount for lenders seeking to maintain... Read more
Beyond Capital: Unveiling The Complexities Of Bank Failure Prediction
In the realm of banking, the ability to predict and prevent failures is paramount for financial stability and consumer c... Read more
Central Banks And The Economic Horizon: Steering Through Uncertaintie
In the evolving landscape of global financial markets, the strategic role of central banks has come under intense scruti... Read more
Transforming Financial Operations With Robotic Process Automation
Author: Ricardo Goulart ... Read more
The Role Of Machine Learning In Fraud Detection
Author: Gerardine Lucero  ... Read more
Principles Of Islamic Banking And Finance
When it comes to banking, a significant new contender has entered the ring. The principles of Islamic banking and financ... Read more