Foxconn chairman agrees to raise employee salaries in Taiwan, says paper

Newswatch - Apr 5, 15:57

Foxconn Electronics (Hon Hai Precision Industry) chairman Terry Guo, on April 4 said the company will significantly raise salaries for its employees in Taiwan in July, according to...

Taiwan-based makers to outsource some China production to cope with wage hikes

Mar 5, 12:21

In the wake of rising wages in China, PC and component factories established there by Taiwan-based firms are looking to outsource labor-intensive portions of the manufacturing process...

Supply chain players facing more pressure from Foxconn increasing salary of factory workers

Feb 21, 01:35

As Foxconn Electronics (Hon Hai Precision Industry) has recently revealed it will raise its minimal salary 16-25%, supply chain players pointed out that Foxconn's salary rise is making...

Component players see different worker return rates after Lunar New Year

Feb 7, 13:58

Foxconn Electronics's (Hon Hai Precision Industry's) plants in Shenzhen, Chongqing and Zhengzhou, China have all reportedly seen over 90% of their employees return to work after the...

Foxconn enjoys recruitment crowds

Feb 2, 01:20

Foxconn Electronics (Hon Hai Precision Industry), despite being named a fear factory by the US media, still attracted large amounts of people in China looking for work, and the company's...

Taiwan PC supply chain players facing bankruptcy crisis in China

Aug 4, 01:10

Taiwan-based PC supply chain players are facing a crisis of being bankrupted in China as the China government started executing new social insurance policies in July which will significantly...

HP, Acer, Asustek to raise supply proportion from Chongqing in 2H11

Jun 30, 01:30

Global notebook brand vendors Hewlett-Packard (HP) and Acer are set to significantly increase their notebook supply proportions from Chongqing, China in the second half of 2011 with...

Taiwan LED companies raise year-end bonuses for 2010

Dec 17, 15:37

Despite slowing demand from the TV backlight segment, most Taiwan-based LED companies will turn in significant growth in both revenues and profits in 2010, and employee bonuses for...

Foxconn to raise salary for employees at Wuhan plant

Sep 16, 15:32

Foxconn Electronics (Hon Hai Precision Industry) is expected to raise salaries for its employees at plants in Wuhan, China with a minimum increase of 400 yuan (US$59.44). After the...

Taiwan to hike minimum wage by 3.47% from 2011

Sep 14, 14:07

Taiwan's Council of Labor Affairs (CLA) on September 13 decided to raise the minimum monthly wage by 3.47% from NT$17,280 (US$541) currently to NT$17,880, and the minimum hourly wage...

Asustek and Foxconn raise employee salary, say papers

Newswatch - Sep 7, 11:13

Asustek Computer has recently raised all its employees' salary by 3%, which the company pointed out is just a regular adjustment, according to a Chinese-language Apple Daily...

CMI writing plan for advanced LCD fab in China, says CEO

Jun 30, 15:36

Taiwan-based Chimei Innolux (CMI) is writing a plan for setting up an advanced LCD panel production fab in China, but the company remains positive about investing there, according...

Panel makers feel effects from China salary hikes

Jun 25, 12:08

TFT-LCD panel makers in Taiwan have started to feel the effects from recent salary hikes in China as system makers and OEM players have started to use the issue as a bargaining tool...

China labor salary hikes will not have long term affects on profits, says MSI chairman

Jun 11, 12:24

Micro-Star International (MSI) chairman Joseph Hsu has indicated that the recent rise in monthly salaries in China will not affect the company's profit in the long term as all companies...

China salary raises to benefit Clevo

Jun 10, 14:54

Clevo expects the recent salary raises started by Foxconn Electronics (Hon Hai Precision Industry), will benefit the company's retail store business, and since labor costs do not...

Several IT players with plants in southern China not considering extra salary raises, says paper

Newswatch - Jun 3, 15:50

Despite Foxconn Electronics (Hon Hai Precision Industry) announcing plans to raise all its employees' salaries in China by 30%, several Taiwan-based IT players including Quanta Computer,...

AUO to resume regular pay adjustment in February 2010

Dec 23, 14:59

AU Optronics (AUO) will resume its regular annual upward adjustment in employee salaries in February 2010, according to the company. AUO did not adjust employee salaries in February...

HP Taiwan to cut salaries by at least 5%, says paper

Newswatch - Feb 20, 14:57

With Hewlett-Packard (HP) aggressively working on cost reduction, HP Taiwan has recently notified its employees that the company plans to cut their salaries by at least 5%, according...