foxconn

Foxconn continues to violate Chinese labor laws says report

Foxconn continues to violate Chinese labor laws says report

Foxconn has come under fire repeatedly, fueled by several worker suicides and threats of suicides, as well as protests and its eventual installation of nets to catch employees who jump from the roof. Because of the criticism, the Chinese manufacturer - which supplies some Apple devices, among others - agreed to over 300 terms set forth by Apple after a Fair Labor Association investigation. While some things have changed, the latest report shows that employees are still being overworked.

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Foxconn sales fell 19% this quarter, blame is placed on Apple’s iPhone

Foxconn sales fell 19% this quarter, blame is placed on Apple’s iPhone

Hon Hai Precision Industry Co Ltd, also known as Foxconn, has reported a 19% decline in sales for Q1 this year. Its sales totaled T$808.97 billion ($27 billion USD) this quarter, which is down from T$1 trillion ($33.37 billion USD) it generated in Q1 2012, and down from the T$988.34 billion ($33.31 billion USD) it generated in Q4 2012. Because Foxconn gets a lot of its business from Apple's iPhones and iPads, many people are blaming the "lack of demand" for Apple's products to be the reasoning behind Foxconn's decline.

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Sharp may not need Foxconn after all

Sharp may not need Foxconn after all

Sharp has been in a financial rut for quite a while now, and if things don't go its way, it could wind up filing for bankruptcy. Many companies have rallied to save Sharp's financial back by making generous investments. Samsung invested about $111.5 million in Sharp to gain a 3% stake in the LCD panel manufacturer, and Qualcomm invested $120 million in order for Sharp to develop MEMS display technology for Qualcomm's subsidy, Pixtronix.

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Samsung Galaxy S4 prototype case gets fat and sharp

Samsung Galaxy S4 prototype case gets fat and sharp

All the way from China we're having a glance at a set of prototype cases for the Samsung Galaxy S4, a smartphone device that's set to be unveiled in just a week's time. As it is quite often with releases such as this, the Samsung Galaxy S IV (or S4, whichever you like) is said to have had its basic physical specifications leaked to case-makers so that they might create protective bits and pieces for the hardware available when the device launches. While this situation can sometimes give us a healthy dose of early understanding, it can just as easily be a completely false scent - so keep that in mind!

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