News
HONG KONG -- Foxconn International Holdings, part of Hon Hai, will lay off an unspecified number of employees and close certain plants, the company said today.
Plans to open a plant in Vietnam may be put on hold until the economy improves, the company also said, the Wall Street Journal is reporting.
The factory once employed 1,700, according to local news reports.
ANAHEIM, CA – The electronics segment of the Electronics West show held at the Anaheim Convention Center earlier this month was small, covering perhaps three or four rows, only half applicable to electronics manufacturing. But overall, the show seemed really busy.
TOKYO -- Top Japanese electronics OEMs may soon find themselves in the midst of contentious disputes over pay to union workers, several published reports say.
The major unions presented a monthly pay hike offer of 4,500 yen to
management representatives today as part of Japan's annual spring labor-management wage
negotiations.
Corporate responses are due March 18, and it's not at all clear the unions will like them. Management at NEC, Hitachi Panasonic and others are seeking pay cuts, with Hitachi's top personnel affairs officer saying "talks on whether annual pay hikes
should continue are necessary."
NEC is proposing cuts in overtime pay and Toshiba plans to propose a temporary wage reductions as well, reports said.
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