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Foxconn to relocate Apple production

Posted on Wednesday, June 30 2010 @ 21:39:57 CEST by


The Straits Times reports Foxconn has plans to shift some of its production of Apple products to other parts of China due to rising labour costs:
The planned relocation, aimed at containing rising costs, also indicates a move by labour-intensive manufacturers out of prosperous coastal regions, reported Global Times.

The Financial Times, citing unnamed executives, said yesterday that Foxconn will move some production from its long- time manufacturing hub in Shenzhen to northern Tianjin and central Henan province.

The city government of Hebi in Henan said in a notice seen yesterday the company plans to recruit some 300,000 workers for a new plant which is to be located in Hebi, reported Associated Press.



 



 

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