Asia Express - East Asian ICT
Foxconn to Expand Work Force, Build Plants in Henan, Sichuan
August 20, 2010
Taiwanese Foxconn plans to add approximately 400,000 workers to its China factories within one year and build new factories in inland provinces, according to an August 18, 2010 report by Bloomberg. The company is expected to adjust its hiring plan and augment its work force to as many as 1.2 million to 1.3 million in China. Currently, more than half of Foxconn's Chinese workers are concentrated in the coastal city of Shenzhen, and Foxconn aims to cut the work force there by two-thirds over five years. Foxconn estimates that around 20% of its Chinese workers are from the inland province Henan. It is reported that Foxconn will therefore move production in Shenzhen to Henan and Sichuan, another inland province, as the two inland provinces are closer to its workers' families and friends. It is expected that Foxconn's facilities in Shenzhen will be converted into R&D, product testing, and new energy technology centers.