Foxconn

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iPhone factory add nets, rallies after suicides

Following a string of suicides at its Chinese factories, Foxconn Technology Group raised workers’ wages and installed safety nets on buildings to catch would-be jumpers. Now the often secretive manufacturer of the iPhone and other electronics is holding rallies for its workers to raise morale at the heavily regimented factories.

The outreach to workers shows how Foxconn has been shaken by the suicides and the bad press they have attracted to the normally publicity shy company. The latest suicide — the 12th this year — occurred August 4 when a 22-year-old woman jumped from her factory dormitory in eastern Jiangsu province. Get the full story »

Higher wages to end cheap gadgets from China

The era of cheap manufacturing in China is coming to an end.

Rising wages spurred by a series of labor disputes at factories in China, coupled with the country’s just-announced decision to allow its currency to rise in value  — making it more expensive to build things there –  will lead to higher prices for tech gadgets, cut into corporate bottom lines and force companies to rethink manufacturing strategies anchored in China, the world’s assembly line. Get the full story »