With the news that Apple contract manufacturer Foxconn will raise wages to compensate for cutting hours, people are starting to wonder what this will mean for manufacturing costs in China. Everyone who builds in China is worried. Except Apple.
Apple and Foxconn announced a new agreement that would improve the working conditions in the Chinese factory. The agreement, which follows an independent survey from the Fair Labor Association, will result in more workers being hired, increased wages, and crackdowns on illegal overtime. The Fair Labor Association survey found multiple labor law violations at Foxconn. In three […]