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Foxconn Pressured by US and Chinese Officials Print E-mail
Written by Nick G. - Posted on Tuesday, 21 February 2012 03:29   
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Exciting news for the factory workers of the electronics company Foxconn.  After much-needed involvement from both foreign and domestic governments, the people who work long, and sometimes draconian, hours to produce the technology that we get to enjoy everyday will be happy to know that their salaries and wages will be raised to a reasonable amount, as well as having their hours reduced to provide a more workable schedule.

"BEIJING — The announcement Saturday that Foxconn Technology — one of the world’s largest electronics manufacturers — will sharply raise salaries and reduce overtime at its Chinese factories signals that pressure from workers, international markets and concerns among Western consumers about working conditions is driving a fundamental shift that could accelerate an already rapidly changing Chinese economy.

But the true meaning of Foxconn’s reforms, analysts say, will depend in part on how effectively the company can remake an economic system that has relied for much of the last decade on luring migrants to work cheaply for long hours in mammoth factories building smartphones, computers and other electronics."

Source: New York Times

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