Connect with us

Hi, what are you looking for?

Editor’s Pick

Riots break out at world’s biggest iPhone factory in China over Covid and pay

Protests have broken out at the world’s biggest iPhone factory in the Chinese city of Zhengzhou.

According to reports from Bloomberg, workers at the Foxconn Technology plant started to protest overnight over unpaid wages and fears of Covid rates.

Footage has circulated online, showing hundreds of workers marching, with riot police present.

Tensions have been growing in the region after lockdown started in October amid growing infection rates.

Around 200,000 people work at the plant, and there were reports last month that many had tried to flee the region.

The Zhengzhou plant – one of the world’s biggest – announced a fresh recruitment drive earlier this month, in a bid to lure back staff who had left in recent weeks under reportedly poor working conditions with a one-off bonus of 500 yuan ($69.28) should they return.

The Zhengzhou region produces around four in five of its latest-generation handsets for Apple.

In a statement earlier this month, Apple said that while it expects demand to be strong for its iPhone 14 – despite a global economic downturn weighing on consumer habits – shipments will be lower than previously anticipated.

Foxconn has also downgraded its outlook for this quarter over the lockdown.

“Foxconn is now working with the government in a concerted effort to stamp out the pandemic and resume production to its full capacity as quickly as possible,” the company said on Monday.

Foxconn and Apple were not immediately available to comment.

Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

THE PESO strengthened against the dollar on Tuesday amid easing global oil prices and ahead of an expected increase in remittances due to the...

News

PHILIPPINE STOCKS extended their climb on Tuesday on last-minute bargain-hunting and ahead of the rebalancing of the MSCI. The bellwether Philippine Stock Exchange index...

News

The Government Service Insurance System headquarters in Pasay, Philippines. May 28, 2012. — BW FILE PHOTO THE government financial institutions (GFIs) that will be...

News

REUTERS THE European Chamber of Commerce of the Philippines (ECCP) urged the Philippines to eliminate tariffs on imports of all electric vehicles (EVs) regardless...

News

President Ferdinand Marcos Jr. answers questions from the media after his first Cabinet meeting in Malacañan Palace, July 5. — PHILIPPINE STAR/ KRIZ JOHN...

News

FREEPIK AN Israeli tech investor said a country’s legal system is a major consideration in attracting foreign investment, and urged legislators to reform the...

You May Also Like

News

BW FILE PHOTO GROSS BORROWINGS by the National Government reached P2.6 trillion as of end-September as it continued to raise funds to respond to...

News

REUTERS By Luz Wendy T. Noble, Reporter The country’s foreign exchange buffers slightly increased as of end-October as the value of the central bank’s...

News

KARASOLAR.COM TENA, Ecuador — Ecuador’s rainforest Achuar people say their ancestors long dreamed of a “fire canoe” or “electric fish” that would let them...

News

COVID-19 has had a significant impact on the mental health of Filipinos across different groups all over the archipelago. From frontline workers, parents balancing...

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.