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To: almaxel who wrote (126183)2/23/2012 6:59:20 PM
From: Stock Puppy  Respond to of 213172
 
Chinese workers flock to Foxconn for assembly jobs

yep - most people if they could earn double their salary...

Foxconn to Double Worker’s Wages; Could Have Global Implications
digitaltrends.com

"The move by Foxconn might also have significant implications for the Chinese economy, which would cause global ripples. Salaries across China are extremely low by US standards. If the Foxconn salary increase is seen as a success, it might force other companies in China to follow suit, which would lead to a global price shift as manufacturers either lower their profit margins, or increase their costs. The world-wide implications might be profound, to say the least."


Of course, depending upon your point of view, the increase is piddling.
Depending on your point of view.
No soup for you!

theregister.co.uk



To: almaxel who wrote (126183)2/23/2012 7:04:39 PM
From: Stock Puppy  Respond to of 213172
 
Interesting.

Some call it a sweatshop.

Maybe it is.

But still:

"You go in this place and it's a factory but, my gosh, they've got restaurants and movie theatres and hospitals and swimming pools,"
thenational.ae

I guess they only let executives and management have access???

Okay I'm done, as I just thought of some similar situations but it brings politics into it and we do not want to go down that path on this thread.



To: almaxel who wrote (126183)2/24/2012 7:00:53 AM
From: almaxel3 Recommendations  Respond to of 213172
 
2011 best-selling smartphones in USA: Apple iPhone models take top 3 spots