Foxconn Technology Group (富士康), the contract maker of Apple Inc iPhones and Hewlett-Packard Co computers, plans to establish a factory with 300,000 workers in Henan Province, the local government said.
The company is looking to hire about 100,000 workers in the near-term from Henan Province who will be sent for training at Foxconn’s facilities in Shenzhen, the Hebi city government said in a statement on its Web site on Friday.
After completing training, the workers will have the option of returning to work in Henan, the statement said.
Foxconn’s plans for the Henan factory come after at least 10 of its employees in Shenzhen committed suicide this year, spurring the company to hire counselors, install netting on buildings and double pay for its workers in the city.
CHANGING STYLES
The Taipei-based company last week hired outside managers to run employee dormitories in Shenzhen in what it called a shift to a “more open” style of management.
Of the 800,000 workers Foxconn has in China, 157,000 of them are from Henan, the Henan Daily reported last Thursday, citing an unidentified provincial government official.
Henan, China’s largest province by population, is home to almost 100 million people.
Individuals hired by Foxconn will work eight hours a day, five days a week, the Hebi government said in a statement on its Web site.
OVERTIME MAXIMUM
Workers may work a maximum of three hours overtime each day. They must also have at least one day per week off, the statement said.
The minimum basic salary for new workers will be 1,200 yuan (US$177) a month.
This will increase to 2,000 yuan after three months if individuals pass an examination, the statement said.
The Web site statement didn’t say where the Foxconn factory would be located, when it would begin operations or any other details.
Calls to Foxconn spokesman Edmund Ding (丁祈安) yesterday seeking comment weren’t immediately answered.
Shares of flagship unit Hon Hai Precision Industry Co (鴻海) closed flat at NT$120.5 in Taipei yesterday.
TECH PARTNERSHIP: The deal with Arizona-based Amkor would provide TSMC with advanced packing and test capacities, a requirement to serve US customers Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is collaborating with Amkor Technology Inc to provide local advanced packaging and test capacities in Arizona to address customer requirements for geographical flexibility in chip manufacturing. As part of the agreement, TSMC, the world’s biggest contract chipmaker, would contract turnkey advanced packaging and test services from Amkor at their planned facility in Peoria, Arizona, a joint statement released yesterday said. TSMC would leverage these services to support its customers, particularly those using TSMC’s advanced wafer fabrication facilities in Phoenix, Arizona, it said. The companies would jointly define the specific packaging technologies, such as TSMC’s Integrated
An Indian factory producing iPhone components resumed work yesterday after a fire that halted production — the third blaze to disrupt Apple Inc’s local supply chain since the start of last year. Local industrial behemoth Tata Group’s plant in Tamil Nadu, which was shut down by the unexplained fire on Saturday, is a key linchpin of Apple’s nascent supply chain in the country. A spokesperson for subsidiary Tata Electronics Pvt yesterday said that the company would restart work in “many areas of the facility today.” “We’ve been working diligently since Saturday to support our team and to identify the cause of the fire,”
China’s economic planning agency yesterday outlined details of measures aimed at boosting the economy, but refrained from major spending initiatives. The piecemeal nature of the plans announced yesterday appeared to disappoint investors who were hoping for bolder moves, and the Shanghai Composite Index gave up a 10 percent initial gain as markets reopened after a weeklong holiday to end 4.59 percent higher, while Hong Kong’s Hang Seng Index dived 9.41 percent. Chinese National Development and Reform Commission Chairman Zheng Shanjie (鄭珊潔) said the government would frontload 100 billion yuan (US$14.2 billion) in spending from the government’s budget for next year in addition
Sales RecORD: Hon Hai’s consolidated sales rose by about 20 percent last quarter, while Largan, another Apple supplier, saw quarterly sales increase by 17 percent IPhone assembler Hon Hai Precision Industry Co (鴻海精密) on Saturday reported its highest-ever quarterly sales for the third quarter on the back of solid global demand for artificial intelligence (AI) servers. Hon Hai, also known as Foxconn Technology Group (富士康科技集團) globally, said it posted NT$1.85 trillion (US$57.93 billion) in consolidated sales in the July-to-September quarter, up 19.46 percent from the previous quarter and up 20.15 percent from a year earlier. The figure beat the previous third-quarter high of NT$1.74 trillion recorded in 2022, company data showed. Due to rising demand for AI, Hon Hai said its cloud and networking division enjoyed strong sales
RSS