News
SHANGHAI -- Hon Hai will relocate tens of thousands of employees to lower-costs Chinese cities to take advantage of tax benefits and cut costs, according to published reports.
In order to cut operating costs by 20%, Hon Hai (Foxconn) will move up to 160,000 workers from a campus in Shenzhen farther inland to Wuhan and Jincheng, China Tech News said.
TAIPEI -- Foxconn has landed a contract to build the next-generation Apple iMac.
Digitimes is reporting Apple chose Foxconn over Quanta to produce some 800,000 units per month of the all-in-one PC.
Foxconn is also reportedly in the running to nab a deal with Sony Ericsson Xperia X2 smartphone. Other companies still bidding for the program include Pegatron, the manufacturing arm of Asus, and a third undisclosed firm.
The Xperia X1 contractor, HTC, is out of the running, the report claimed,.
Digitimes is reporting Apple chose Foxconn over Quanta to produce some 800,000 units per month of the all-in-one PC.
Foxconn is also reportedly in the running to nab a deal with Sony Ericsson Xperia X2 smartphone. Other companies still bidding for the program include Pegatron, the manufacturing arm of Asus, and a third undisclosed firm.
The Xperia X1 contractor, HTC, is out of the running, the report claimed,.
STOCKHOLM -- NOTE AB, a top 50 EMS provider, will lay off 100 workers, mostly in Sweden, in response to decreased demand, the company said. The company will take fourth-quarter charges of 50 million kronors ($6.43 million) to cover the layoff costs.
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