Foxconn paid 20,000 rioting workers to leave the company
Following riots over pay, Apple's main iPhone manufacturer Foxconn has now offered $1,400 to protesters, conditional on resignation.
Following riots over pay, Apple's main iPhone manufacturer Foxconn has now offered $1,400 to protesters, conditional on resignation.
Following riots at its iPhone plant in Zhengzhou, Foxconn has apologized and said pay problems were a "technical error."
Workers rioting at Foxconn's main iPhone factory in Zhengzhou have clashed with police as windows and surveillance cameras have been smashed.
Chinese Apple supplier Foxconn needs 100,000 new workers to get back to full capacity, but the four-day quarantine requirement has forced hiring to pause for now.
With workers fleeing conditions at the Zhengzhou iPhone plant, and new recruitment falling far behind needs, Chinese state media says Foxconn has only two-third of the workforce it needs.
Faced with Foxconn struggling to resume full iPhone production after local COVID measures, China is asking ex-forces retirees to step in.
Foxconn is reportedly planning to greatly increase iPhone in India, quadrupling its workforce over the next two years.
The largest iPhone manufacturer, Foxconn, has revealed that China's coronavirus lockdown measures have severely hit its earnings estimates and expected revenue growth.
A new report alleges that Foxconn downplayed the severity of its recent COVID-19 outbreak and that its actions led to a stricter lockdown.
Despite COVID-related supply chain issues and Apple warning of lower shipments of the iPhone 14 Pro, Wedbush insists that investors should maintain their holding in Apple.
Apple has finally confirmed that the Foxconn assembly facility in Zhengzhou, China responsible for iPhone 14 Pro production has reduced its output following a regional COVID-19 outbreak.
Analyst Ming-Chi Kuo claims that Foxconn is to step up its iPhone production in India, specifically to overcome delays caused by China's COVID lockdowns.
China has ordered a seven-day lockdown in Zhengzhou, home to a major Foxconn factory, after a COVID-19 outbreak swept through the industrial park.
In the wake of reports of employees fleeing Foxconn's biggest iPhone factory, the assembly partner has significantly raised pay for staff who are choosing to accept the closed-loop measures during a COVID outbreak.
Workers at Foxconn's major iPhone factory in Zhengzhou, China are choosing to leave the facility currently operating as a closed-loop during a COVID outbreak, with social media showing employees traveling home instead of staying.
Foxconn's COVID-19 outbreak in a major iPhone factory could impact production by up to 30%, but the assembly partner is attempting to use other facilities to keep production up.
A COVID-19 outbreak at Foxconn's main iPhone assembly plant has forced it to change plans to seasonally reduce production, postponing the slowdown while it deals with closed-loop production changes.
Despite enhanced precautions and frequent screening for COVID prevention, Foxconn's main iPhone production facility is dealing with an outbreak.
Foxconn set new records for sales in September, making Apple's main assembly partner "cautiously optimistic" ahead of its fourth-quarter results.
Apple has announced that, as expected, facilities in India are now producing part of the new iPhone 14 range for local sale.
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