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Tuesday 21 February 2012
Supply chain players facing more pressure from Foxconn increasing salary of factory workers
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...
Tuesday 7 February 2012
Component players see different worker return rates after Lunar New Year
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...
Thursday 2 February 2012
Foxconn enjoys recruitment crowds
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...
Thursday 4 August 2011
Taiwan PC supply chain players facing bankruptcy crisis in China
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...
Thursday 30 June 2011
HP, Acer, Asustek to raise supply proportion from Chongqing in 2H11
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...
Friday 17 December 2010
Taiwan LED companies raise year-end bonuses for 2010
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...
Thursday 16 September 2010
Foxconn to raise salary for employees at Wuhan plant
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...
Tuesday 14 September 2010
Taiwan to hike minimum wage by 3.47% from 2011
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...
Tuesday 7 September 2010
Asustek and Foxconn raise employee salary, say papers
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...
Wednesday 30 June 2010
CMI writing plan for advanced LCD fab in China, says CEO
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...
Friday 25 June 2010
Panel makers feel effects from China salary hikes
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...
Friday 11 June 2010
China labor salary hikes will not have long term affects on profits, says MSI chairman
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...
Thursday 10 June 2010
AUO says no to salary raise at its China plants
AU Optronics (AUO) vice chairman HB Chen, commenting on Foxconn Electronics' (Hon Hai Precision Industry's) recent move to raise its minimum wage for its workers in China, said the...
Thursday 10 June 2010
China salary raises to benefit Clevo
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...
Thursday 3 June 2010
Several IT players with plants in southern China not considering extra salary raises, says paper
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,...