Foxconn to begin relocating production facilities in China back to Taiwan

Foxconn logoThe Foxconn (Hon Hai Precision Industry) Group plans to relocate part of its production facilities in China back to Taiwan later this year, the group's chairman Terry Gou said during an employment fair held by Taiwan's government on March 29 in Taipei.

While endorsing the government's efforts to create more job opportunities in an attempt to rein in rising unemployment rates in Taiwan, Gou also urged the government to cultivate a more favorable business environment so that more local enterprises are willing to build their bases in the home market.

When asked if he has seen signs of recovery in the economic market, Gou commented that the global economy will not fully recover until 2012, although the electronics industry has recently experienced an influx of short lead time orders, according to a Chinese-language Commercial Times report.

Source: DIGITIMES

Tags: Foxconn

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
The smartphone could come with a 4,200mAh battery
 
New iTunes backup password verification system exists in parallel to the much stronger, older iOS 9 system
 
 
ARM's new Bifrost architecture, which focuses on high-end 4K and VR experiences
 
Apple’s 2017 iPhone could employ the use of Samsung’s Flexible OLED Atomic Layer Deposition Technology
 
Redmond not willing to pay so much for Twitter
 
Foxconn and Pegatron will both be behind the production
 
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
HP Slate 7 is a 7-inch Android 4 Tablet PC with good sound
A cost-effective, 7-inch tablet PC from a renowned manufacturer
October 25, 2013 / 4
 
 

News Archive

 
 
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
252627282930 




Poll

Do you like Windows 10?
or leave your own version in comments (32)