Apple manufacturer Foxconn reckons it will create one million jobs in India by 2020 – nearly the entire number of its current Chinese workforce – according to reports.
Hon Hai otherwise known in the West as Foxconn, last month revealed it was setting its sights on India due to increasing wage costs in China.
The firm has not released any more details or elaborated on what the plans will mean for its Chinese manufacturing base. However, it does appear to be slowly fleshing out a relocation move.
(Score: 2) by AndyTheAbsurd on Tuesday July 14 2015, @04:58PM
They only saved themselves from one revolution. There's always another revolution after that! (And they have made that one worse with their current actions. Whether or not they can save themselves from it when it comes remains to be seen.)
Please note my username before responding. You may have been trolled.