Foxconn Considering Moving Production to Taiwan

Oh great ... taller buildings.

Great. Now we'll have people from other companies commit suicides. Don't fix the problems Foxconn, just run away from it and subject other people to it and leave the existing 800,000 people to fend for themselves. The Chinese government should do something good and stop them from leaving and fix the problems.

Hon Hai did not comment or denied? I don't understand your sentence. What is "confirmed none of the information" mean?

I meant people from other countries commit suicides.

right under comments, there's a big red buttong that says "Add your comment". Now right under that, it says Read the comments on the forums". You can edit your post there.

No you cannot edit your posts anymore.

Edit: ok so now you can. A few days ago you can't.

I'm sure the 800,000 have a big thank you gesture for those who railed the company now... sometimes bad work is better than no work.

sideways thinking about job? Get to work Lazy man and eat your rotten fish and rice. Make sure you clean computers before you ship them overseas so smell will gone away?! Ha? How about that?!

Actually I am very happy about those people getting job in Taiwan.

Hey look guys, a retard!

Maybe they should build their next factory underground.

Foxcon - "We are happy to announce a 300% pay increase for all employees. Now youre fired."

I would like to know why a country should have the right to stop a company from moving? It is not the place of any government to meddle in the affairs of a private company, with the exception of passing laws requiring adaquate working conditions and fair pay. This is why our country is going into the toilet.

"put nets up around the buildings to stop jumpers"
That is ridiculous.

"hired councilors and exorcists"
Exorcists? To get rid of the DEMONS?! LOL what a joke.

1st fix - Let them sit in a chair
2nd fix - Let them talk to eachother and build social relationships
3rd fix - Let them work 8 hours if they want more money then allow them to work more - make it a choice. You can have 3 shifts which combined will allow for a total of 24 hours so the factory never closes. Plus it will allow them to employ more people, thus giving more people money helping the local economy.
4th fix - Be more flexable with bathroom breaks and copy the required break/lunch model of the United States

Apply the raises with all 4 fixes above and the suicides will stop. It's not that hard I don't understand why they can't get it right.

You still can't on Tom's Guide. You can on Tom's Hardware Forum.

Globalized capitalism is such a wonderful thing... First the western workers deal with jobs moving to China and now the jobs get shuffled around Asia looking for the most exploitable population. Eventually Sub-Sahara Africa will be the most lucrative place for manufacturing to go!

Interestingly, The Epoch Times (a globally distributed expatriate Chinese paper) says that the Foxconn suicide stories are gaining national and now international coverage as part of an attack on the company by a local entrepreneur who is senior in the local Communist Party. He runs the competing BYD company which has already poached senior staff from Foxconn.

Apparently this pattern is quite common in China, Taiwanese companies come in and open up, but once they are successful local startups undercut and then muscle them out.

Democrats, pay attention!!! This is what happens when you meddle with the market. It's happened in the US, now it is happening in China. When are you going to finally "get it"?

Companies value shop just like individuals do. We don't want to pay extra for finished goods, and they don't want to pay extra for labor. If Apple started charging $14000 for an iPhone, Motorola would start killing them in sales. When a product is too expensive, it prices itself out of the market... and the same exact rules apply to labor.

If you overcharge your customers, they shop elsewhere. Period.

I'm sure the 8000 FoxConn workers will be ecstatic to be huddled in a ricefield again hoping to grow enough to eat and maybe a little bit to sell. If that option was so great, they wouldn't have started working at FoxConn to begin with.

"The Irish Times cites Foxconn head Terry Gou who supposedly told shareholders that the existing China factory model might not be sustainable because of a rise in production costs in China. This, coupled with an economic slowdown in Taiwan, could make the prospect of a move more attractive."

Ahhhh... Yes, the corporate model: Always chasing cheap labor and vulnerable workers to exploit...


Figgus: Yeah, gosh darn democrats trying to regulate big business... If only BP weren't so over-regulated... When are you Republican douches going to realize that SOMEBODY needs to regulate business into doing what's best for the public, rather than letting corporations regulate themselves, ie: Cut every corner possible, use the cheapest labor, cheapest materials, don't waste money on safety equipment, etc...

The only entertaining part of your rant was the bit where you assumed I was Republican. It gave me a chuckle.

And you can stamp your little feet all you want. If you get unreasonable with a business, it will just move. That's why America's manufacturing base is so completely screwed right now. Haven't you been paying attention?

@figgus

yeah they should be so thankful that they should start sacrificing virgins @ the altar of foxxconn every month

paying the workers more wont mean an increase in your iPhones and what haves, it means apple and foxxconn execs will make a whole lot less money

and im pretty sure they wouldn't mind working in the rice field growing their own food, sure they wont be making a heck lot of money but hey it gets them by and by, except their farmlands had been seized by the government turned into a development zone so the likes of foxxconn could go and plonk their great big apartment complex/fab plant on, so the only way to feed themselves now is to work for the company that stole the land that was once their to work on, and they call that progress.....

Figgus: Hey, remember before Regan's voodoo economics swept over the land? We taxed imports, the so called non-free trade. This stabilized jobs and kept them here. Want to sell something in America, you have to make it here. Otherwise, the tariffs would circumvent the cost savings of cheap, exploited labor. This is actually a good thing.

An even distribution of wealth ensures that people can actually afford the products they make. How many Chinese buy an iPhone that costs them 2 months salary? When you decide that the rich can get whatever they can, however they can, it just ensures a giant race to the bottom. Between the 50s and 80s was the good times in America, our industry was booming, and everyone willing to work had an excellent style of living. Unions kept greedy rich people at bay, which in turn, actually helps the rich get richer, because more people can buy their products, productivity goes up, etc...

I don't mind free trade agreements if they're with countries that share the same values regarding worker safety, etc... Like Japan or Germany. I do mind free trade agreements with 3rd world shit-holes like Mexico and China.

Taiwan is one of the most capitalistic countries in the world. The problem is they don't have enough space or people to do manufacturing operations on the scale of China. The same thing happens in Singapore and Hong Kong. Also the environment is wet and not as good as the United States for building factories.

BTW, on average US labor works more hours on average then any country in the world. So adopting a US model for breaks and lunches will be a step back in terms of over-working.

Fignus, Nixon brought in voodoo economics. The US industry was starting to collapse in the late '60s and early '70s. The '80s started with a bust, ended with a bust, and inbetween was a boom. The unions were part of the cause along with Keynesian economics practiced to support cold war arms building.

But will the workers in Taiwan be treated the same? hopefully foxconn learn something from this and actually allow workers to go home at night!

Foxconn is not doing itself any favors when it comes to public relations.
It's almost like they are treating this as some sort of sick joke with everything the have done ever since the suicide issues got the attention of the press. Everything from Exorcists to giving large raises only to tell their the employees "just kidding all 800,000 of you are fired"

It's like a cruel game they play with these peoples lives...

falchard: Our monetary policy had been going down hill ever since the creation of the Federal reserve, some of the supposed "decline in industry" is attributable to the bubbles the Fed generates, however, our industry and our economy were pretty sound until Regan:

1. Ran against Carter on a platform of bashing Carter's 30billion dollar deficit
2. Immediately gave the rich back all of their tax money, ballooning the deficit to 500 billion(which he said "didn't matter because the economy is good")
3. De-regulated business everywhere (especially oil).
4. Began some of the initial free/semi-free trade with 3rd world countries, which hit flood stage when Clinton signed NAFTA(Bush II expanded this further)

To finish off the economy, our rethuglican congress-critters de-regulated banking by repealing Glass-Steagall. Glass-Steagall was passed by Congress after the great depression, it was based on an analysis of the banking practices that CAUSED the Great Depression. A normal person might think twice about opening Pandoras Box, but not republicans hell-bent on a a de-regulation agenda.

Anyways, any redneck who is against regulation as much as they claim to be, should just move to China. Lots of jobs, no regulation... Let me know how that works out for ya...

I'm not really sure where you get this idea that China has no regulation. Perhaps a little research is in order before you start to stuff your ideology down other's throats. China is a fully regulated economy that suupports everything from fair labor practices to patent and copyright protection.

It should also be noted that China has had the fastest growing GDP for the past 30 years and has gone from being a faint echo to a powerhouse in international economics. This is all while China has intentionally devalued the yuan.

Your entire post is nothing more than an anti-capitalism rant. While you're researching China why don't you try to understand what exactly changed in their policy that allowed them to become the giant they are today.

If they can't solved that on that country why create another problem to the other country - We do have different cultures and It needs to be considered.

yeah, well, forcing people to go to the forum to edit their comment SUCKS

a4mula: Whatever you're smoking, you need to either stop smoking it or start sharing it with the rest of us.

China is a fascist tumor on the continent of Asia, businesses are allowed to destroy the environment as much as they want, and they are allowed to exploit workers as much as they want. Regulation would mean not letting them poison their own land, water and air, and ensuring that Chinese citizens have a decent standard of living, and basic freedom.

Step 5: Operating costs go up 25%.

Step 6: Company loses all product margin.

Step 7: Company fires all employess, exuctives collect 500M$ bonus, company files bankruptacy.

Step 8: Workers that are fired lose all income/

Step 9: Fired wokers starve to death, as do hier families having lost all sources of Income.
!
Problem solved! No more workers to commit suicide!

The problem here is not that Foxconn executives are stupid, it's that they care more about thier bonus than the lives of thier employees.

It's amazing this is even happening in China, arn't they suspossed to be commies?