Monday, June 7, 2010

Foxconn Technology Group, the world’s largest contract manufacturer of electronics, after several worker commited suiside in its factories, has been forced to increase worker’s salary by more than 100 %.

Base salaries at Hon Hai’s Shenzhen factories will rise to 2,000 yuan ($293) a month in October from 900 yuan in May ( source : Bloomberg)

Foxconn International Holding’s Hon Hai Precision Industry Co., makes electronics like Apple iPhone ,iPand etc.

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