At a recent press conference , Foxconn ’s Executive VP said that the company is actively looking for fashion to offset theirrecently increase earnings , include raising prices for clients and increase the growth of automatize systems in their mill . Though the inside information are short and the cost increases would n’t take force until October , higher prices could conceivably force back up gadget price tags .
https://gizmodo.com/foxconn-increases-wages-with-a-66-pay-rise-5556930
The increase wages come after aspate of suicidesbrought scrutiny to the consideration of its factories . Foxconn , who manufacturers widget for companies like Nokia and Apple , has announced that isclosing some factoriesin China and moving operations to ahuge factory city in Northern China.[WSJ ]
https://gizmodo.com/foxconn-closing-china-factories-5560620
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