iPhone maker Foxconn International Holdings will no longer pay compensation to families of employees who kill themselves to discourage further suicides, China's Xinhua news agency said on Tuesday.
A new strike has broken out at a Chinese factory making exhaust systems for Honda Motor , prompting the carmaker to plan a suspension at two local car plants just days after a strike at another supplier was settled.
iPhone maker Foxconn International Holdings said it will seek higher prices from its clients to help offset wage hikes at a plant in southern China that has been hit by a series of suicides.
Foxconn International confirmed on Tuesday another salary rise for staff on its Shenzhen production lines but said it was not clear how the adjustment would impact its 2010 operating results.
Shares in Hon Hai Precision Industry tumbled on Monday on concerns about earnings after the electronics maker offered workers in southern China a second pay rise that could double wages from a month ago.
iPhone maker Foxconn has offered workers at its Shenzhen manufacturing hub in China a 66 percent performance-based pay rise as it tries to deal with the fallout from a spate suicides there.
Production line workers at Foxconn's southern China manufacturing hub will get a 30 percent pay rise, as top customer Apple Inc called recent suicides at the plant troubling but said the site was not a sweatshop.
Honda Motor said a key car parts factory in south China resumed full production on Wednesday, ending more than two weeks of disruption after workers downed tools to demand higher wages in a high-profile and sometimes violent strike.
Production line workers at Foxconn's southern China manufacturing hub will get a 30 percent pay rise, as top customer Apple Inc called recent suicides at the plant troubling but said the site was not a sweatshop.
Apple Inc Chief Executive Steve Jobs finds troubling a string of worker deaths at Foxconn, the contract manufacturer that assembles the company's iPhones and iPads, but said its factory in China is not a sweatshop.
Apple Inc Chief Executive Steve Jobs said on Tuesday Foxconn, the global contract manufacturer that assembles the company's iPhones and iPads in China, is not a sweatshop.
Honda Motor Co made slow progress on Tuesday in bringing production back at an unusually prolonged and high-profile strike at a parts factory in south China.
Honda Motor Co is still trying to resolve a labor dispute at a China parts plant that led to the closure of all four of its car plants in the country and has no timetable for resuming production, a company spokesman said on Friday.
Taiwan's Hon Hai Precision Industry plans to raise workers' salaries by about 20 percent at its Foxconn unit in China, as it struggles to stop a spate of worker suicides and quell rising public anger.
A 10th employee of iPhone-maker Foxconn jumped to his death late Wednesday, just hours after the company's chairman promised to make life better for employees at the sprawling production site in southern China.
A tenth employee of iPhone-maker Foxconn jumped to his death late on Wednesday, just hours after the company's chairman promised to make life better for employees at the sprawling production site in southern China.
An employee of iPhone-maker Foxconn jumped to his death late on Wednesday, Chinese state media reported, the tenth suspected suicide this year at the high-tech company's huge production base in southern China.
Dressed in white, the traditional color of mourning in China, the father of 19-year-old Ma Xiangqian weeps outside the gates of a sprawling electronics complex. His wife and daughter kneel alongside.
100 counselors and Buddhist monks were hired by the Taiwanese company that manufactures iPhones for Apple to reduce stress among its workers after reported cases of suicides at it Chinese factories this year.
HTC Corp said on Wednesday it filed a patent infringement case against Apple Inc and asked the U.S. International Trade Commission to ban U.S. sales of iPhones, iPads and iPods.
Lala, the online music service, will be shut down on May 31, just five months after Apple Inc bought the start-up fueling speculation the iPod maker plans to launch a new Web-based version of iTunes.
Sharp Corp beat market expectations with a forecast for annual operating profit to more than double to its highest in three years, after it swung to a quarterly profit on strong sales of display and solar panels.
