Apple to Offer Subsidies to Foxconn Workers?
A number of high profile suicides amongst Foxconn workers has generated a lot of headlines over the past few weeks. The incidents have resulted in increasing scrutiny of the company prompting a number of investigations. Foxconn is a manufacturing partner for a number of U.S. companies including Apple. Apple has announced that it will be conducting its own independent review of the working conditions at the Foxconn factories.
A tech site in China has reported, Apple will provide financial subsidies to Foxconn's employees, the amount will roughly be 1 to 2% of the profits from Apple products. Apple has conducted investigation on Foxconn, and they believe the main reason for the suicide jumps is related to the employees' low wages. In order to solve the problem, Apple decides to offer a direct financial subsidies for the workers in Foxconn, it will first start from the iPad production line.
Apple has not yet made any announcements about their investigation, and has not confirmed this report of worker subsidies.