Posted on 11/24/2022 4:55:12 AM PST by FarCenter
Employees are leaving a vast Foxconn iPhone factory in central China over working conditions and Covid restrictions, relieved to be taking pay-offs home after angry protests at the Taiwanese tech giant's plant.
The workers are leaving the plant in Zhengzhou in the wake of bloody clashes with police, in which more than a dozen protesters were hurt, furious about Foxconn's failure to deliver promised bonuses, employees told AFP.
"The contract suddenly changed and everyone was unhappy, in addition the previous incidents at Foxconn made everyone lose trust, so the protests happened," one female worker who wished to remain anonymous told AFP.
Foxconn has been desperate to keep operations ticking along at the factory, the world's biggest manufacturer of iPhones, after a handful of Covid cases forced it to lock down the facility.
Now the firm is offering payouts to those that leave, with employees taking to social media Thursday to show they had received bonuses of 10,000 yuan ($1,400) in return for terminating their contracts.
Several coaches are parked outside dormitories in the background of several videos, supposedly there to take staff home.
(Excerpt) Read more at france24.com ...
Looks like there will be a covid lockdown soon
Taiwanese?
So there’s a Taiwanese factory in mainland China? That’s news to me! Who’s running it?
Strangely belive it but there are many Taiwanese factories in China.
Foxconn is perhaps the largest and is opening factories in the USA.
Who’s running it?
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Per Emperor Xi Jinping edict: The CCP manages all businesses in China.
The Taiwanese hire local Chinese managers, but there is a lot of movement between Taiwan and China as well.
Companies like Foxconn, Compal, Pegatron, Wistron, Quanta, etc, have moved up the food chain to do design work in Taiwan with the manufacturing moved to China, where labor is more available and cheaper. The US company they design and manufacture products for does the graphics for the box it’s packaged in.
These companies also have industrial engineering expertise in how to build and equip factories for manufacturing in China. This is as important as expertise in product design.
Former KMT Taiwanese tend to speak Mandarin, and they often have family in China to provide connections.
I want to know China’s GDP numbers, Bank of China’s real numbers, and their true housing data.
China is going to blow up, and it will propagate.
How are Bank of England, Credit Suisse, and Deutsche Bank doing?
If housing collapses in the US, how will our investment firms be doing that bought tons of housing?
Taiwanese tech giants plant in central China???What?
Hope Apple executives are learning something about life in a 1-party commie state.
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