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Foxconn: How to Beat the High Cost of Happy Workers
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Taiwanese contract manufacturer Hon Hai is moving quickly to address higher costs for workers at its manufacturing sites in coastal regions of China. After extensive media coverage of conditions at Foxconn factories, a number of suicides, and Chinese government policy that encouraged higher wages for workers in foriegn owned plants, Foxconn has moved to sharply increase wages at its plants. By the end of 2011 production in cities in the interior of China- Chengdu, Chongqing, and Wuhan, where costs are one third less- will be 25% of production, up from 10% in 2010. By 2012, this will be up to 50% of Foxconn's production, according to Yuanta Securities of Taipei. Hon Hai is lowering dividends to finance the shift. Fourth quarter 2010 earnings of Hon Hai were $742 million, down 26% over the prior year, even though revenues went up by 56% to $33.1 billon- reflecting the higher costs. Hon Hai's stock is down 20% in the past year on the Taipei stock exchange. Other locations being considered by Hon Hai are Brazil, Turkey and Slovakia. Brazil's President Dilma Roussef, said that Foxconn is considering a $12 billion plan for Brazil. Hon Hai is the only manufacturer of Apple iPads and one of two manufacturers of the iPhone.
Barboza's profile of Yuan Yandong, a worker at a Foxconn factory in China- changing working conditions and aspirations of China's young migrant workers in 2010-2014
02/03/2009
Grouped Articles
A Night at the Electronics Factory
New York Times 06/18/2010
Lixin Fan, Trailing Chinese Migrant Workers
New York Times 08/27/2010
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
The Demanding Off-Hour Escapes of Chinaâs High-Tech Workers
New York Times 07/16/2013
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Changes in China's factories in 2010-2013. Changing manufacturing.
01/05/2008
Conditions at Hon Hai and a strike at Honda are part of a changing picture of worker dissatisfaction with wages and discipline at Chinese factories. The period of low prices and worker discipline of the kind that prevailed for several decades of industrialization appears to be closing. The Chinese government is also having second thoughts as America and Europe are no longer the growing markets they used to be, and as it weighs a policy shift to domestic consumption.
Grouped Articles
China: A Billion Strong but Short on Workers
Wall Street Journal 05/02/2013
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Strains Show in China's Job Market
Wall Street Journal 06/11/2013
Wall Street Journal 12/21/2011
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Apple and Foxconn
05/29/2010
Apple's audit of working conditions at Foxconn factories in China.
Grouped Articles
Apparel Retailers Confront Tough Options
Wall Street Journal 05/08/2013
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Wall Street Journal 05/29/2010
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
To Woo Apple, Foxconn Bets $3.5 Billion on Sharp
New York Times 03/30/2016
Apple and working conditions at factories of suppliers in China 2010-2014
01/15/2009
Conditions at Foxconn factories in China. Foxconn is a key supplier for Apple products.
Grouped Articles
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Apparel Retailers Confront Tough Options
Wall Street Journal 05/08/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Wall Street Journal 05/29/2010
The Demanding Off-Hour Escapes of Chinaâs High-Tech Workers
New York Times 07/16/2013
The Rise of a Chinese Worker's Movement
BusinessWeek 06/10/2010
The Fair Labor Association and the audits of Apple supplier Foxconn's factories in China
01/05/2008
Grouped Articles
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
The Demanding Off-Hour Escapes of Chinaâs High-Tech Workers
New York Times 07/16/2013
The Rise of a Chinese Worker's Movement
BusinessWeek 06/10/2010
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
Experts Say Audit of Apple Supplier Foxconn Was Thorough
New York Times 03/30/2012
Hon Hai performance
07/21/2010
Grouped Articles
Hon Hai Broaches Raising Prices
Wall Street Journal 07/21/2010
Hon Hai to Boost China Work Force to One Million This Year
Wall Street Journal 08/18/2010
iPhone Maker Hon Hai Shows Slower Earnings Growth
Wall Street Journal 08/14/2015
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Wall Street Journal 11/01/2011
Foxconn Resolves a Dispute With Some Workers in China
New York Times 01/12/2012
Foxconn management
05/05/2011
Grouped Articles
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Taiwan’s Foxconn Offers $5.3 Billion to Take Over Sharp
Wall Street Journal 01/21/2016
Wall Street Journal 03/31/2016
Tracking Foxconn Chief’s Rise From ‘Dirt City’ to iPhone King
Wall Street Journal 03/31/2016
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
Foxconn strategies
05/05/2011
Grouped Articles
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Amid Margin Squeeze, Foxconn Designs Its Own Fate
Wall Street Journal 06/29/2014
Taiwan’s Foxconn Offers $5.3 Billion to Take Over Sharp
Wall Street Journal 01/21/2016
Foxconn’s Price Tag for Sharp Could Initially Fall by More Than $2 Billion
Wall Street Journal 03/30/2016
To Woo Apple, Foxconn Bets $3.5 Billion on Sharp
New York Times 03/30/2016
Wages in emerging markets such as China, Malaysia, Indonesia, after worker unrest- 2010-2014
01/05/2008
Grouped Articles
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Apparel Retailers Confront Tough Options
Wall Street Journal 05/08/2013
The Demanding Off-Hour Escapes of Chinaâs High-Tech Workers
New York Times 07/16/2013
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Wall Street Journal 05/29/2010
Hon Hai
06/28/2010
Grouped Articles
Hon Hai Hands Over Management of Staff Dorms
Wall Street Journal 06/28/2010
Hon Hai Broaches Raising Prices
Wall Street Journal 07/21/2010
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
Factory Blast Roils Tech Supply Chain
Wall Street Journal 05/24/2011
Hon Hai Seeks Alliances, Expansion to Cut Costs
Wall Street Journal 06/09/2011
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
China wage increases and government policy to promote domestic consumption.
01/05/2008
Wage increases of 20% at Hon Hai and upto 100% at Honda factories in China from wages that were kept low for the export market, are now the trend in China. The government policy is shifting to encourage such wage increases to promote domestic consumption and reduce an overreliance on export markets for growth. This is happening just as trade tensions are increasing with the USA.
Grouped Articles
Beijing Signals a Shift on Economic Policy
New York Times 05/24/2013
Honda's Long-Haul Dilemma in China
Wall Street Journal 06/24/2010
Interview With Japan Foreign Minister Katsuya Okada
Wall Street Journal 09/02/2010
Yuan's Rise Hurts China's Exporters
Wall Street Journal 01/20/2014
China Will Keep Growing. Just Ask the Soviets.
New York Times 10/24/2014
Adidos and Hotwind? In China, Brands Evoke Foreign Names, Even if They’re Gibberish
New York Times 12/26/2014
Foxconn
06/03/2010
Chinese company making electronics and computer products for companies in the USA like Apple and HP.
Grouped Articles
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
A Night at the Electronics Factory
New York Times 06/18/2010
BusinessWeek 09/09/2010
Taiwanese Technology Company Is Discussing a Deal With Brazil
New York Times 04/13/2011
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
Foxconn (Hon Hai) and labor unrest- 2011-2013
06/03/2010
Grouped Articles
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Why Apple and Others Are Nervous About Foxconn
BusinessWeek 06/03/2010
The Rise of a Chinese Worker's Movement
BusinessWeek 06/10/2010
Hon Hai to Boost China Work Force to One Million This Year
Wall Street Journal 08/18/2010
Apple Supplier Foxconn Says Fight at Plant Spread Into Larger Unrest
Wall Street Journal 09/24/2012
Foxconn Factory in Taiyuan, China, Is Closed After Worker Riot
New York Times 09/23/2012
Hon Hai management
05/05/2011
Grouped Articles
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Wall Street Journal 11/01/2011
Foxconn Resolves a Dispute With Some Workers in China
New York Times 01/12/2012
Wall Street Journal 04/05/2012
Strong iPhone Sales Help Lift Hon Hai's Profit
Wall Street Journal 10/30/2012
Gadget Maker Foxconn Freezes Overall China Hiring
Wall Street Journal 02/22/2013
Hon Hai strategies
07/21/2010
Grouped Articles
Hon Hai Broaches Raising Prices
Wall Street Journal 07/21/2010
Hon Hai to Boost China Work Force to One Million This Year
Wall Street Journal 08/18/2010
iPhone Maker Hon Hai Shows Slower Earnings Growth
Wall Street Journal 08/14/2015
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Wall Street Journal 11/01/2011
Foxconn Resolves a Dispute With Some Workers in China
New York Times 01/12/2012
Foxconn performance
05/05/2011
Grouped Articles
Foxconn Tries to Move Beyond Appleâs Shadow
New York Times 05/06/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Amid Margin Squeeze, Foxconn Designs Its Own Fate
Wall Street Journal 06/29/2014
Foxconn’s Price Tag for Sharp Could Initially Fall by More Than $2 Billion
Wall Street Journal 03/30/2016
To Woo Apple, Foxconn Bets $3.5 Billion on Sharp
New York Times 03/30/2016
Wall Street Journal 03/31/2016
The situation in Guangdong province, Shenzen and other export focussed regions in China- 2008-2014
01/05/2008
The rise of a manufacturing sector based on low wages, migrant workers, lax pollution controls, and export demand, is hit by the decline in demand from the U.S. and Europe with slow economic growth and deficits, worker discontent and rising wages, and stricter environmental enforcement. Growth in the manufacturing secotr in Guangndong provice is estimated at 3.5% for 2012, half the overall growth rate in the province and many manufacturers from Taiwan are closing down older plants that can't compete. Experts in China call for a new type of industrialization baded on technology, R&D and worker training that can compete in the new situation of a resurgence of manufacturing industry in the U.S. and Europe.
Grouped Articles
China: A Billion Strong but Short on Workers
Wall Street Journal 05/02/2013
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Strains Show in China's Job Market
Wall Street Journal 06/11/2013
Unrest May Signal New Phase in China Economy
New York Times 05/29/2010
Labor unrest in China
01/05/2008
Grouped Articles
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Hon Hai to Add Robotics in China
Wall Street Journal 08/03/2011
Factory Riot Spotlights Breaking Point in China
Wall Street Journal 09/26/2012
China's Laborers Lingering in Cities
Wall Street Journal 12/30/2012
In Chinese Factories, Lost Fingers and Low Pay
New York Times 01/05/2008
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
How Apple's supplier for iPads, iPhones and iPods is coping with demands for better wages and working conditions
05/05/2011
How Foxconn is adapting to the changes by increasing wages in Shenzen, increasing automation, and shifting plants to lower wage regions in the interior of China, and to Brazil.
Linked Articles
Foxconn to Raise Salaries for Workers by Up to 25%
New York Times 02/18/2012
Foxconn: How to Beat the High Cost of Happy Workers
BusinessWeek 05/05/2011
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