Foxconn Apple Manufacturing Price raise may Offset Wages

According to Reuters, iPhone maker Foxconn International Holdings Ltd said, it will seek higher prices from clients to help offset wage increases at a plant in southern China. Hon Hai, the world’s biggest contract electronics maker,has been wrestling with the 10 suicides issue in the last five months. This issue won’t just affect Apple. Nokia, Microsoft, and Sony Ericsson will also be impacted. Read More

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