China: Apple Factory Riot Points to More Labor Troubles
This week’s riot at Foxconn, a Taiwanese-owned factory in China that
manufactures electronics for Apple (NASDAQ: AAPL) and other Western
firms, spells trouble for China, which has seen a recent trend of
foreign manufacturers pulling out of the country and moving operations
to other countries with lower wages. Although Apple probably has too
much invested to pull out of China, the Foxconn riot will increase
international criticism of the company over conditions in its factories.
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