Foxconn's subsidiary (yes, the subsidiary of the subsidiary) Futaihua Precision Electronics will build a new $100M USD plant in central China's Henan. That plant will employ almost 200,000 workers, will produce 200,000 phones daily, and will yearly produce $13B USD worth of exports. Previously the plant had been rumored based on job postings, but unconfirmed.More info at DailyTech.
The plant should also improve working conditions for the Foxconn employees in a variety of ways. First, it will allow some migrant workers to relocate closer to home. Second, its production should help to ease the pressure to work overtime currently put on employees in order to satisfy demand.
Foxconn building new plant to produce 200,000 phones per day
Posted on Wednesday, August 04 2010 @ 17:06 CEST by Thomas De Maesschalck