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Foxconn leaving China?

If true 800K workers are in jeopardy
| Business, Financial & Legal News | Posted: Jun 11, 2010 6:06 pm

Foxconn has been in the news a lot lately after ten workers at one of its Chinese factories where Apple products are built have killed themselves this year. Some blame harsh working conditions at the plant for the suicides.




Foxconn has given the workers pay raises and opened its typically closed plants up to outside regulators and journalists to prove that working conditions are good. A new rumor is floating around that claims Foxconn is ready to close its Chinese operations and move the plants to other countries.


The rumor points to an unmanned facility in Taiwan and to plants in India. If the rumor proves to be true, as many as 800,000 workers in the Foxconn Chinese plant could be out of a job.



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