Foxconn moving some Apple production elsewhere in China?
updated 10:30 pm EDT, Mon June 28, 2010
Rising wages driving manufacturing shift
Foxconn is reportedly preparing to move a portion of its Apple production to north and central China, according to a Financial Times report. The change, which will shift Apple projects away from Shenzhen, is said to be driven by cost considerations as the manufacturer raises wages in its southern facilities.
Unnamed executives familiar with negotiations between both companies allege that Apple had been resistant to helping pay for the higher labor costs following a high number of worker suicides and dissatisfaction with working conditions.
To help avoid the wage hike, Foxconn reportedly proposed a move to production facilities in Tianjin or Henan. One executive was quoted as saying that Apple is "more ready now to use some of the new locations," despite earlier efforts to keep manufacturing centralized in Shenzhen.
Apple and Foxconn have yet to publicly confirm the report.
Fresh-Faced Recruit
Joined: Feb 2009
Far from the eyes...
"move to production facilities in Tianjin or Henan."... To far from the eyes and where security is tier.
The high profit this Chinese Politicians and Multi-National like Apple gains should be huge here... And for what I read none of both intent to lower their high profit archived by slavering with very low wages and no human rights. This is globalization without rules, and for me is very similar with dictatorial communism. Maybe is why they work so well with each other.
For the blind Apple fanatics just a message: Relax!!! Apple is not alone here. But be critic don't be lambs!