Foxconn plans to relocate 200,000 jobs to inland provinces

Source: Internet
Author: User
Keywords Foxconn province inland moved to
Tags cost financial financial times not much transfer world
March 4 morning, according to foreign reports, Foxconn Technology will transform South China Production Center into an engineering base, and transfer 200,000 jobs to lower-cost inland provinces, indicating that the South China as a low-end production center of the day is not much. The Financial Times reported that Foxconn, the world's largest manufacturer of electronic products, employs 1 million people and about half of its employees work in two of its factories in Shenzhen.  Woo, a special assistant to chairman Terry Gou, said the number of Foxconn employees in Shenzhen would eventually be reduced to below 300,000. "Shenzhen is likely to be our largest plant in China for a long time to come," Woo said, "but our goal is to eventually move all mass production activities to other plants." We will take Shenzhen as an engineering park, only trial production. Foxconn is building large factories in Henan province and Sichuan province.  The two provinces have the highest population in China and are also the main source of migrant workers at factories in coastal export centres such as Shenzhen.  The company's decision to reopen the Shenzhen plant to the "Engineering Park" is a microcosm of the large-scale shift in the low-end manufacturing sector from the relatively high cost of the coastal manufacturing sector. Foxconn manufactures mobile phones, flat-screen TVs, computers and gaming consoles, including Apple, Sony, Nokia and Dell (Dell) multinationals.  Like most foundry manufacturers, the company has begun to develop and design hardware for its clients. With a wide range of consumer electronics components and complex manufacturing processes, each new assembly plant in Foxconn will typically attract dozens of smaller suppliers to build facilities around them.
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