Tag: iphone plant china

China iPhone factory under lockdown quadruples bonuses for workers who stay
Technology

China iPhone factory under lockdown quadruples bonuses for workers who stay

[ad_1] The world's largest iPhone factory in central China told staff Tuesday it would quadruple their bonuses if they remained at the plant. The world's largest iPhone factory in central China told staff Tuesday it would quadruple their bonuses if they remained at the plant after scores of workers fled a Covid outbreak at the facility. China is the last major economy committed to a zero-Covid strategy, persisting with snap lockdowns, mass testing and lengthy quarantines in a bid to stamp out emerging outbreaks. But new variants have tested local officials' ability to snuff out flare-ups faster than they can spread, causing much of the country to live under an ever-changing mosaic of Covid curbs. Taiwanese tech giant Foxconn's plant in Zhengzhou has been under lockdown since mi...
iPhone Maker Lifts Wages, Preps Backup for Covid-Hit China Plant
Technology

iPhone Maker Lifts Wages, Preps Backup for Covid-Hit China Plant

[ad_1] Foxconn is preparing to bring backup production online and raise wages, after an exodus of workers threatened to disrupt an iPhone plant. Foxconn Technology Group is preparing to bring backup production online and raise hourly wages by more than a third, after an exodus of workers threatened to disrupt output at the world's largest iPhone plant ahead of the holidays. Foxconn, whose listed vehicle is Hon Hai Precision Industry Co., is grappling with mounting concern that a Covid flare-up at its main Zhengzhou plant could hurt production just as Apple Inc. gears up for the crucial year-end season. Its shares fell 1.4% Monday, the worst decline in three weeks. Social media erupted over the weekend with photos and videos of workers departing the Zhengzhou plant, some on foot, ...