Flextronics International (FLEX) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Flextronics International (FLEX)

FLEX 62.51

-2.3%

3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Fuzzy who wrote (1414)	1/25/2006 12:37:15 AM
From: Amy J	of 1422

'Made in China' no longer cheap news.bbc.co.uk By Charlotte Windle BBC News business reporter in Beijing . . . Ms Huang works 54 hours a week for less than $150 a month in a factory owned by Singaporean electronics company, Flextronics. But when Ms Huang returns home at the end of this month to celebrate the Chinese New Year holiday she will not be coming back. "Living in Shanghai costs a lot more than living in my home town, so the company would have to pay higher wages to keep me here for longer," she says. "The company should also provide better accommodation as no-one wants to live indefinitely in a (government owned) dormitory and it's too expensive to rent something independently nearby." . . . Ms Huang's case is fairly typical. . . . Consequently, each year, Chinese factories lose between 5% and 50% of their workforces. At Flextronics where Ms Huang works, there are 4,000 workers, 92% of whom are from out of town. . . . The problem is that factories cannot afford to keep increasing wages. Chinese workers are already paid one third more than workers in neighbouring Vietnam. Story from BBC NEWS: news.bbc.co.uk Published: 2006/01/23 22:13:07 GMT

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next