Fri, Oct 03, 2014 - Page 13 News List

Employee alleges unfair work practices at Wintek

By Lisa Wang  /  Staff writer

Touchpanel maker Wintek Corp (勝華) yesterday said it would adjust a plan to streamline its workforce, after employees accused the company of unfair labor practices.

The company said it would postpone the project and is working on a new plan in order to comply with the Labor Standards Act (勞基法), a report in the Chinese-language Apple Daily said yesterday.

The newspaper said it had received a tip-off from an employee at Wintek’s Greater Taichung factory that the company forced staff to take six months of unpaid leave starting this month and demanded they sign contracts halving their working hours.

The labor disputes came after Wintek said on Tuesday that it was planning to seek strategic partners, sell assets and streamline its workforce to deal with a cash crunch.

The company said weaker-than-expected demand for touchscreen computers was behind its low factory utilization rate and three years of declining profits.

Wintek posted NT$5.42 billion (US$178 million) in revenue for last month, down 1.79 percent from NT$5.52 billion in August. Revenue shrank 6 percent on a year-on-year basis.

In the first nine months of this year, the company’s cumulative revenue rose 2.74 percent to NT$54.59 billion, from NT$53.13 billion in the same period last year.

Wintek shares climbed 6.87 percent yesterday to close at NT$6.84 on the Taiwan Stock Exchange, ending a six-day losing streak.

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