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Suffered losses worth Rs 437.70 crore during violence in iPhone plant: Wistron

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NEW DELHI: Taiwanese firm Wistron Corporation has said that it suffered losses worth Rs 437.40 crore during recent violence when a section of the company’s workers vandalised property at the firm’s iPhone manufacturing plant in Kolar district in Karnataka.

A large number of employees allegedly indulged in activities of arson, loot and violence at Wistron’s Narasapura manufacturing plant over salary-related issues on Saturday, police said adding that the protestors damaged costly equipment including machines and computers and set fire to vehicles.

In a complaint, registered at the Vemagal police station, company executive T D Prashanth stated that office equipment, mobile phones, production machinery and related equipment worth Rs 412.5 crore was lost.

Infrastructure worth Rs 10 crore, Rs 60 lakh worth cars and golf carts, smartphones and other gadgets worth Rs 1.5 crore were damaged, stolen or lost, the complaint stated.

Prashanth, in his complaint claimed that 5,000 contract labourers and about 2,000 unknown culprits indulged in vandalism at the factory’s facility.

The police have so far arrested 149 people and detained a few others.

Meanwhile, the managing director of the Wistron India Sudipto Gupta said in a statement the company was deeply shocked by the events at its Narasapura facility. “We follow the law and we are cooperating with the authorities in their investigation. The safety and wellbeing of our team members is always our top priority,” Gupta said in a statement to the media.

The Karnataka government has not only condemned the incident but also assured to step up security at the plant adding stringent action will be taken against the people involved.

Political parties in Karnataka on Sunday sought a thorough probe into the violence as they expressed concerns about its possible impact on the investment-friendly image of the state.

Source: ANI

Mobile Phones

Samsung to start selling premium Galaxy S22 series from March 11

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NEW DELHI: South Korean electronics major Samsung on Thursday unveiled smartphone Galaxy S22 Ultra series in the ultra premium segment which it plans to start selling in the country from March 11.

The company unveiled six high-end smartphones in the Galaxy S22 series in the price range of Rs 72,999-Rs 1,18,999 apiece.

“For the first time, the Galaxy S22 Ultra will bring together the best of Galaxy Note and S Series.

“Galaxy S22 Ultra comes with a built-in S Pen, advanced nightography capabilities, and battery life that lasts over a day, making it our most-powerful ultra device yet,” Samsung India Senior Director and Head (Product Marketing) Aditya Babbar said.

An industry source said the company will start selling the Galaxy S22 series in the country from March 11.

Source: Press Trust of India

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Manufacturing

Foxconn to resume operations at Tamil Nadu plant; facility under probation by Apple

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NEW DELHI: Apple supplier Foxconn Technology Group on Monday said it has implemented a range of corrective actions and will start bringing back team members gradually to the Sriperumbudur factory, which was shut down last month following a mass food-poisoning incident at the plant’s offsite dormitory facility.

The factory located on the outskirts of Chennai in Tamil Nadu was shut down on December 18 after workers’ protests on the back of a mass-food poisoning incident at the offsite dormitory facility.

“We have been working on a series of improvements to fix issues we found at the offsite dormitory facilities at Sriperumbudur and to enhance the services we provide to our employees. We have implemented a range of corrective actions to ensure this cannot happen again and a rigorous monitoring system to ensure workers can raise any concerns they may have, including anonymously,” Hon Hai Technology Group (Foxconn) said in a statement.

The company also said it will “gradually begin to welcome back team members as each offsite dormitory becomes ready and is approved”.

According to sources, operations will be gradually resumed at the factory as hostels and dormitories get ready and certified as per local requirements by the government and Apple’s audits.

An Apple spokesperson said the Sriperumbudur facility continues to be on probation and that the company is closely monitoring the situation.

“For the past several weeks teams from Apple, along with independent auditors, have been working with Foxconn to ensure a comprehensive set of corrective actions are implemented in the offsite accommodations and dining rooms at Sriperumbudur,” the spokesperson said.

Workers will start to return gradually as soon as Apple is certain its standards are being met in every dormitory and dining area, the spokesperson emphasised.

Apple had put the Sriperumbudur factory of the iPhone assembler Foxconn on ‘probation’ following worker protests and an assessment that revealed substandard living conditions, saying it will ensure strict standards are met before the unit reopens.

While the companies did not comment on the expected timelines for full resumption of operations, the sources said full resumption of operations at the plant will take more time and workers will only be brought back in a phased manner over the next few months.

The factory has more than 15,000 people working on production of Apple products.

According to the sources, there has also been a management change at Foxconn India with a change of guard locally and introduction of new systems to better manage the factory and employee facilities.

The commercial production of the newly-launched iPhone 13 series was reportedly expected to start at the Foxconn plant by February. It is unclear if Apple’s probation would affect these plans.

 

Source: Press Trust of India

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Mobile Phones

Telcos’ gross revenues dip 1.36% in July-September 2021 to Rs 67k crore, AGR up 17%

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NEW DELHI: Telecom service providers’ gross revenue declined by 1.36 per cent on a year-on-year basis to Rs 67,300 crore in the July-September 2021 quarter, according to a Trai report released on Monday.

Telecom service providers (TSPs) had posted gross revenue of Rs 68,228 crore in the same quarter a year ago, according to the Trai’s performance indicator report for the July-September 2021 quarter.

The adjusted gross revenue (AGR) component of the telecom operators, on which the government levies charges, increased by 17.07 per cent to Rs 53,510 crore during the reported quarter from Rs 45,707 crore in the corresponding period of 2020.

Access service providers like Bharti Airtel, Jio and Vodafone Idea who provide services to end consumers accounted for 78 per cent of gross revenue and 79 per cent of AGR.

Reliance Jio reported highest AGR of Rs 18,467.47 crore during the reported quarter. It was followed by Bharti Airtel (Rs 14,730.85 crore), Vodafone Idea (Rs 6,337.58 crore), BSNL (Rs 1,934.73 crore), Tata Teleservices (Rs 554.33 crore), MTNL (Rs 331.56 crore) and Reliance Communications (Rs 53.4 crore).

Government’s revenue from telecom services in the form of licence fees and spectrum usage charges (SUC) increased by 16.8 per cent and 19.99 per cent respectively on an annual basis.

Government revenue collection in the form of licence fee was Rs 4,271 crore and SUC was Rs 1,741 crore during July-September 2021, compared to Rs 3,656 crore and Rs 1,451 crore in the corresponding quarter of 2020, as per the report.

Source: Press Trust of India

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