Hon Hai to hike salaries for Taiwan staff

Apr 05, 2012

Taiwan technology giant Hon Hai, which makes gadgets for Apple, said Thursday it would hike salaries for its Taiwan staff as prices on the island soar.

The pay rises for the company's 10,000-strong employees on the island are expected to take effect from July, said spokesman Simon Hsing without elaborating or saying by how much they would rise.

Hon Hai, the parent of Foxconn which has faced heavy criticism for the working conditions in its Chinese plants, announced in February up to 25 percent pay raises for assembly line workers in , .

Taiwan media said after Thursday's announcement that a number of local hi-tech firms are expected to follow Hon Hai's lead.

The move comes after the government on Sunday announced the end of a fuel subsidy that had been in place for 16 months, pushing up petrol prices by around 10 percent.

The government has also warned that it might have to increase by up to 30 percent owing to the rising cost of crude.

"The staff is a company's biggest asset and we hope to ease the pressure of living for our Taiwanese staff through the salary adjustment," Hon Hai chief Terry Gou was quoted by the United Daily News as saying.

Foxconn is the world's largest computer component manufacturer and assembles products for Apple -- including the -- plus Sony and Nokia. It employs about one million workers in China, about half of them based in Shenzhen.

Since 2010, more than a dozen Foxconn employees in China died in apparent suicides, which activists blamed on tough working conditions, prompting calls for better treatment of staff.

-- Newswires contributed to this story --

Explore further: Winners and losers of the demise of the big Comcast deal

Related Stories

Taiwan's Hon Hai looks to robot industry

Oct 31, 2011

The parent company of Taiwanese tech giant Foxconn plans to mass produce industrial robots as part of its efforts to cope with labour shortages and rising wages.

Parent of Taiwan's Foxconn reports profit drop

Oct 31, 2011

The parent of Taiwan technology giant Foxconn, which makes iPads and iPhones for Apple, said Monday its third-quarter profit dropped, with analysts pointing to the cost of moving factories in China.

Foxconn to give Chinese workers another pay raise

Jun 06, 2010

(AP) -- Foxconn workers in China will get another pay raise in coming months, on top of an increase that just took effect in response to recent worker suicides, the company said Sunday.

Parent of Taiwan's Foxconn enters solar power

Jan 26, 2011

The parent of Taiwanese IT giant Foxconn will pay over $130 million to become the major shareholder in a solar cell company as part of a plan to expand into renewable energy, officials said Wednesday.

Recommended for you

How smart are the mobile shoppers who use smartphones?

13 hours ago

In the age of the smart phone, how smart are the mobile shoppers who use these almost ubiquitous devices? A study from South Korea published in the International Journal of Mobile Communications hopes to answer that questi ...

India's Infosys gives muted earnings, stock falls

14 hours ago

Indian software giant Infosys Technologies saw its shares dip nearly seven percent Friday after it reported a single digit rise in yearly revenues and also missed quarterly profit estimates.

Apple wins patent appeal in China

18 hours ago

Apple has won an appeal in China over patent rights to voice recognition software such as the iPhone's "Siri", with a court overruling an earlier decision that had gone against the US technology giant.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.