Apple to Contribute Toward Costs of Improving Working Conditions at Foxconn Facilities
Reuters reports on comments from Foxconn chief Terry Gou, who claims that Apple and Foxconn will be splitting the initial costs to improve working conditions at Foxconn's facilities in China.
"We've discovered that this (improving factory conditions) is not a cost. It is a competitive strength," Gou told reporters on Thursday after the ground-breaking ceremony for a new China headquarters in Shanghai.
"I believe Apple sees this as a competitive strength along with us, and so we will split the initial costs."
It was unclear if the split would be 50/50 or in some other ratio.
Foxconn has raised wages several times over the past couple of years as it has faced scrutiny over the treatment of its employees. And following a series of audits, Foxconn and the Fair Labor Association
reached an agreement in late March to reduce overtime while boosting compensation packages to compensate for the reduction in hours.
It is unclear how much the actions are costing Apple and Foxconn and how the costs are being split, but with Foxconn operating on a very slim profit margin it has limited ability to finance such improvements without raising costs for its customers or receiving direct support from Apple to assist with the changes.
Popular Stories
Apple is releasing five new products this Friday, November 6, following pre-orders that opened last week, including its first touchscreen MacBook Pro models.
The following new products will be available from Friday:
iPad mini with OLED display and A20 Pro chip
iMac with M6 chip
14-inch MacBook Pro with M6 chip
14-inch MacBook Pro with OLED touchscreen
16-inch MacBook Pro with OLED...
Apple's busiest season isn't over yet. Far from it. With two hardware launch dates still to come in November, plus software updates and new smart home accessories running into December, there's more on the way from Apple before the end of 2026, so be sure to stick around.
Below, we've rounded up what's still coming, along with one date in particular that's worth watching if you're a holiday...
Apple today announced that its Festival Place store in Basingstoke, England will be permanently closing on Saturday, November 21.
Apple Festival Place
Apple had already announced that the store would be closing in November, but it had not provided the public with a specific date until now.
Apple's store inside the Festival Place shopping center opened in 2011, so it had a 15-year run....
