Hot on the heels of investing $8.7 million in a local fiber optic provider, Taiwanese firm Foxconn is now said to be setting its eyes on acquiring a 4G license in the country. According to a Sina Tech report, Foxconn is currently gauging a bid for 4G spectrum in Taiwan. The company is making the move…
Apple has provided a more detailed insight into its efforts to end excessive overtime and longer working weeks in its supply chain, highlighting in its monthly Supplier Responsibility report that it had increased compliance to the 60-hour work week to 95%. The company said its compliance levels rose from 84% to 89% between January and February,…
Wed Apr 4, 2012 2:48am BST * Apple, Foxconn deal adds to view low cost era is over * Deal coincides with rising wages, tighter labour force * Workers have more choice, more power * Some companies already responding by boosting conditions By Clare Jim and Jonathan Standing TAIPEI, April 4 (Reuters) - Foxconn Technology's…
Sun Apr 1, 2012 10:48am BST (Adds quotes, details) By Lee Chyen Yee and Jeanny Kao BOAO, China April 1 (Reuters) - Foxconn Technology Group will keep on increasing worker salaries in China and cutting the hours of work, Chairman Terry Gou said on Sunday, after it came under fire for poor working conditions for…
FILE - In this May 26, 2010 file photo, staff members work on the production line at the Foxconn complex in the southern Chinese city of Shenzhen, southern China. A pledge reported Thursday, March 29, 2012 by the manufacturer of Apple's iPhones and iPads to limit work hours at its factories in China could force…
Samsung is tipped to post record profit once again when it announces figures for business during the first quarter of the year, which are expected next month, according to a Korea Times report. Citibank expects that the Korean firm will post “historically high” results as it continues to grow impressively. January saw Samsung post record figures for the final quarter…
Japanese electronics giant Sharp has today announced a strategic deal with Hon Hai (parent company of Foxconn) that sees both parties combine and establish a manufacturing partnership that will combine the strengths of each company, “to launch cost competitive components and products.” As part of the deal, Sharp and Hon Hai will split revenues 50-50, with…
In a stunning admission, the popular public radio program This American Life has said that a show it ran in early January entitled Mr. Daisey and the Apple Factory, was partially fabricated. The show painted a rough image of life for workers at the Foxconn facilities in China, where Apple produces many of its devices including the…
A quick glance around any London bus or underground station will soon reveal that Amazon’s Kindle has well and truly embedded itself in UK eBook-lovers’ psyche. Despite some competition from the likes of Sony, Kobo and, well, Apple’s iPad (people DO use it as an eReader), there doesn’t seem to be a real contender for…
Tue Feb 21, 2012 9:57am GMT (The author is a Reuters Breakingviews columnist. The opinions expressed are her own) By Wei Gu HONG KONG, Feb 21 (Reuters Breakingviews) - Apple (AAPL.O) has no problem getting Chinese consumers to desire its products, as a near-riot outside its Beijing store showed in January. But the U.S. tech…
Recent Comments