By Star Chang, posted May 31, 2010 at 7:30 PM, 1,763 views, Tweet
Apple Providing Subsidies For Foxconn Workers ?
Ok, Apple might be showing their social responsibility for now. A tech site in China has reported, Apple will provide financial subsidies to Foxconn’s employees, the amount will roughly be 1 to 2% of the profits from Apple products. Apple has conducted investigation on Foxconn, and they believe the main reason for the suicide jumps is related to the employees’ low wages. In order to solve the problem, Apple decides to offer a direct financial subsidies for the workers in Foxconn, it will first start from the iPad production line. It was reported that Apple paid Foxconn about 2.3% of the total price of iPad, after the subsidies, it will expected to reach 3%, which is equivalent to the producing cost of the iPad aluminum shell-case. For further details, we think we have to wait for some official statement from Apple and more reports from major media. []
zol.com.cn is a well-known China IT portal under CBS Interactive, you can see more info .
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Pure bullshit, hit generating nonsense. When you have nothing to fill your web pages a good Apple rumor always works
Gregg Thurman
Sent from Gregg's iPad
Let's face it, Foxconn employees are already relatively well paid by Chinese standards, so any extar bleeding-heart splurge by Apple will increase that differential, thus increasing the pressure on all good Foxconn employees to keep their jobs, thus creating more…….well I think you see the picture.
End of line is that ex-patriating manuf. distorts local conditions, thereby introducing social stress. If the iPad is so damn good then why not pay the price to produce in/near the destination market.
Source? U copied the picture for starters.
Changing the wages won't affect the long overtime and suicides. If apple care, why not produce in USA?
And why not give American Apple employees profit sharing?
lol – “start from the iPad production ” … of course, wouldn't want anything to hurt production of their flagship product of the moment now would they?
Seriously Apple, if you were really concerned at all, you will use another supplier … just like fairtrade practices, you do not go to suppliers who don't treat their staff well. This is one way to force foxconn to look after their employees. Without this, there is no motivation for them to look after their employees ~