News
TAIPEI -- Foxconn
Electronics, the world's largest EMS provider, will add three global
regional offices in Asia this year, the Chinese-language Apple Daily is reporting.
The move would bring the company's total 17.
The move would bring the company's total 17.
CUPERTINO, CA -- Apple Computer is taking heat for its relationship with Foxconn for the wages and working conditions at the latter's factories.
According to a report in the Mail on Sunday, Foxconn employees typically put in 15-hour days and some earn just $50 per month -- with up to half returned to Foxconn to cover housing and food. Visitors are reportedly forbidden.
Foxconn manufactures Apple's iPod media players.
According to a report in the Mail on Sunday, Foxconn employees typically put in 15-hour days and some earn just $50 per month -- with up to half returned to Foxconn to cover housing and food. Visitors are reportedly forbidden.
Foxconn manufactures Apple's iPod media players.
ST. PETERSBURG, FL -- Analysts are picking Jabil Circuit apart after the EMS firm lowered its earnings per share guidance for its May quarter and admitted to three operating mishaps during the quarter.
"After not missing guidance for four-plus years, we find it suspicious that Jabil incurred three isolated operating miscues in the same quarter -- when any one of the three would have caused (the company to miss its guidance). We also find it bizarre that Jabil provided such a wide EPS range, given that the quarter closed two weeks ago," wrote Carter Shoop of Deutsche Bank Equity Research in a research note issued last night.
"After not missing guidance for four-plus years, we find it suspicious that Jabil incurred three isolated operating miscues in the same quarter -- when any one of the three would have caused (the company to miss its guidance). We also find it bizarre that Jabil provided such a wide EPS range, given that the quarter closed two weeks ago," wrote Carter Shoop of Deutsche Bank Equity Research in a research note issued last night.
