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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: zax who wrote (16256)1/29/2012 8:26:47 PM
From: yofal  Respond to of 32692
 
Here's something I didn't know…

According to the ILO:
Children between the ages of 13 and 15 years old may do light work, as long as it does not threaten their health and safety, or hinder their education or vocational orientation and training.

ilo.org

It remains unclear what the children Mr. Daisey observed were doing inside Foxconn.



To: zax who wrote (16256)1/29/2012 9:49:02 PM
From: Doren  Respond to of 32692
 
Boring.

> Apple is by far Foxconn's largest client.

So? Its only 40%, all the other electronics companies also contract with them.

Short it if you want.



To: zax who wrote (16256)1/30/2012 8:24:24 AM
From: FJB  Read Replies (3) | Respond to of 32692
 
HONG KONG (MarketWatch) — Apple began last week by basking in record quarterly profits, but then ended the week in a public-relations retreat after reports of exploited workers in factories in China assembling its hot-selling iPads and iPhones.

For now, the media spotlight is on Apple (XNAS: AAPL - News) and its Taiwanese contract supplier Foxconn (XHKG: 2038.HK - News) (OOTC: FXCNY.PK - News). But China’s leaders will also be shifting uncomfortably as the gaze of the international media turns to the harsh underbelly of its manufacturing economy.

Behind China’s remarkable economic progress toil an estimated 120 million migrant workers, typically living and working in austere factory complexes.

Two decades into China’s industrial transformation, how much responsibility do authorities shoulder for its Hukou (household registration) system that effectively institutionalizes migrant workers as second-class citizens in their own country?

But for now, it is Apple in the firing line. The New York Times ignited media interest after a story on unsafe working conditions, as well as seven-hour days and cramped dormitories at Apple’s Foxconn supplier in China.

The public relations drubbing was ramped up another degree by Jon Stewart’s Comedy Central, with a disturbing “Fear Factory” satire on the lot of the workers behind Apple’s prodigious profits.

Continues...

finance.yahoo.com