Foxconn Closing China Factories?
6/12/2010 12:45:00 AM
kenmouse
, Posted in
According to a Chinese news site, electronics manufacturer Foxconn is closing its China-based factories—including the Shenzhen location which has been scrutinized over rampant employee suicides. This could mean that up to 800,000 workers would lose their jobs
According to the yet-to-be-confirmed report by ON.CC, Foxconn is withdrawing from China because it intends to shift its focus onto factories in Taiwan, Vietnam, and India.
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