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: 0) by Anonymous Coward on Tuesday July 14 2015, @09:06PM
Then that era's equivalent of Foxconn will move to someplace else with an even lower prevailing wage and fewer labor protections./quote>
You mean, Wisconsin? Scott Walker job creation! Too bad it's still decades away.