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Foxconn to quit building towns around its factories

Posted on Thursday, June 10 2010 @ 20:52:25 CEST by


Foxconn announced it will make big changes to its manufacturing model, and that the company will cease to build towns around its factories.
The Foxconn factory near Shenzhen, which manufactures devices for companies like Apple, Dell or HP, employs around three hundred thousand of people, who live in adjacent campuses, which naturally represent a small town. Terry Gou, the chairman and president of Foxconn, said companies, such as Foxconn, had to build a community from scratch around their factories when they entered China back in the eighties, however, nowadays such social functions have to be returned to the government, reports Financial Times. Apart from dormitories, the campuses also include other facilities, including department stores, sport and leisure facilities and so on.
More info at X-bit Labs.


 



 

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