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.
Foxconn to relocate Apple production
Posted on Wednesday, June 30 2010 @ 21:39 CEST by Thomas De Maesschalck