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Foxconn May Close Factories In China

June 12th, 2010 06:35 admin Leave a comment Go to comments

ChiefMonkeyGrinder writes “Foxconn, the manufacturer whose clients include Apple, Dell and HP, is on the verge of pulling out of China, after a spate of suicides. The CEO has accused workers of killing themselves for financial compensation, and the company has stopped suicide payments to suicide victims’ families. Foxconn’s CEO also told investors that it is considering moving its production operations to Taiwan, and automating many parts of its business, a move which could see 800,000 workers lose their jobs.”

Source: Foxconn May Close Factories In China

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