Foxconn plans to create 400,000 new jobs
August 19th, 2010 - 2:50 am ICT by IANSBeijing/Berlin, Aug 19 (DPA) Foxconn, the world’s largest manufacturer of electronic components, which made headlines recently because of a spate of suicides by employees, wants to create up to 400,000 new jobs.
The number of jobs in China alone is set to increase to 1.2-1.3 million within a year, a Foxconn official told financial news agency Bloomberg Wednesday.
The reason cited was a growth in business. The company’s sales increased by 50 percent in the first half of the year.
The Taiwan-based Foxconn produces components for Western electronics giants such as Apple, Hewlett-Packard and Dell. For the Chinese media market, they created a joint venture with the Metro Group, which plans a huge expansion in Asia.
Foxconn received great criticism after more than 10 workers from its factory in Shenzhen, in southern China, committed suicide this year. The suicides launched a debate over working conditions, low wages and a strict management style within the company.
Foxconn has denied the accusations, although wages were increased, and sometimes even doubled, in the wake of the deaths. In another reaction to events earlier this year, Foxconn decided to build new factories nearer the residences of its employees.
Chinese experts in particular have blamed the suicides on the personal isolation of many young workers who come to work in Foxconn’s huge factories.
- Foxconn staff in China get 66 percent pay hike - Oct 02, 2010
- One year, 10 suicides in Chinese electronics factory - May 27, 2010
- 10th Suicide in a Chinese Factory - May 27, 2010
- Foxconn refutes 'sweatshop' allegation after employee suicides - May 25, 2010
- Wage rise at Foxconn after string of suicides - Jun 02, 2010
- Foxconn's Shenzen factory to increase wages by 20% in light of employee suicides - May 29, 2010
- Foxconn denies accusations of illegal working conditions in China - Oct 12, 2010
- No compensation if staff commits suicide: Foxconn - Jun 09, 2010
- Another Foxconn worker falls to death in China - Nov 05, 2010
- 2 dead, 16 injured after explosion in Foxconn factory in southwest China - May 21, 2011
- Woman commits suicide at China Foxconn plant - Nov 25, 2011
- Foxconn workers rally to boost morale - Aug 19, 2010
- Taiwan's Foxconn shuts Chennai plant after workers fall ill from alleged pesticide spray - Jul 28, 2010
- Foxconn to shift some plants in China - Jul 08, 2010
- Bidding war continues as Dell matches HP's $27-a-share offer for 3PAR - Aug 27, 2010
Tags: accusations, bloomberg, chinese experts, committed suicide, electronic components, factories, financial news, management style, metro group, new jobs, news agency, personal isolation, s sales, shenzhen, southern china, spate, strict management, suicides, western electronics, working conditions