Skip to main content

Foxconn Considering Moving Production to Taiwan

Foxconn has been in the press a lot over the last few weeks because of a bout of suicides at one of its factories. The company has given raises; put nets up around the buildings to stop jumpers; hired councilors and exorcists; given more raises; and issued workers with a 'no-suicide' contract (though they took that one back because it was a little insensitive). Today we learn that the company is considering moving some of its operations to Taiwan and other countries. However, it is not immediately clear if the suicides play any role in this decision.

AppleInsider reports that Chinese-language ON.CC broke the news earlier this week, citing sources who attended the annual shareholders meeting of Hon Hai Precision (the parent company of Foxconn). If true, the move would see much of the mainland China operations moved to countries like India, Taiwan and Vietnam.

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.

Affecting as many as 800,000 employees, the move would include the Shenzhen location that has been embroiled in controversy as of late. AppleInsider reports that Foxconn and Hon Hai have confirmed none of the information from the translated ON.CC article.

(Apple Insider and Irish Times)

  • christopherknapp
    Oh great ... taller buildings.
    Reply
  • Pei-chen
    Affecting as many as 800,000 employees, the move would include the Shenzhen location that has been embroiled in controversy as of late. AppleInsider reports that Foxconn and Hon Hai have confirmed none of the information from the translated ON.CC article.
    Hon Hai did not comment or denied? I don't understand your sentence. What is "confirmed none of the information" mean?
    Reply
  • thrust2night
    I meant people from other countries commit suicides.
    Reply
  • thrust2night
    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.
    Reply
  • eklipz330
    thrust2nightI 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.
    Reply
  • sliem
    No you cannot edit your posts anymore.

    Edit: ok so now you can. A few days ago you can't.
    Reply
  • aeurix
    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.
    Reply
  • 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.
    Reply
  • mikeadelic
    misisupergumsideways 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!
    Reply
  • tat2demon
    Foxcon - "We are happy to announce a 300% pay increase for all employees. Now youre fired."
    Reply