Apple’s Manufacturing Partner Foxconn Halts Hiring

Apple’s manufacturing partner Foxconn Technology Group has frozen hiring at a Shenzhen plant that makes gadgets including the iPhone 5 and put the brakes on recruiting for other factories across China, but denied the move was linked to a single client.

Foxconn runs a network of factories across the world’s No. 2 economy that make products for tech companies from HP to Dell. It sought to pour cold water on a Financial Times report that it had imposed a hiring freeze while it slows production of Apple’s latest smartphone.

Read Full Article Here

Apple Shares Fall After Foxconn Hiring Freeze

 

This website uses cookies.