Foxconn Closing China Factories?

According to a Chinese news site, electronics manufacturer Foxconn is closing its China-based factories - including the Shenzhen location which has been scrutinised over rampant employee suicides. This could mean that up to 800,000 workers would lose their jobs

According to the yet-to-be-confirmed report by ON.CC, Foxconn is withdrawing from China because it intends to shift its focus onto factories in Taiwan, Vietnam and India. [ON.CC via Register]

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