Foxconn chides Chinese rivals for poaching workers - News Summed Up

Foxconn chides Chinese rivals for poaching workers


Foxconn chides Chinese rivals for poaching workersBloombergFoxconn Technology Group (富士康科技集團) is facing a battle of talent in Vietnam as major suppliers to Apple Inc continue to shift some capacity from China to the Southeast Asian country amid prolonged tensions between Beijing and Washington. Hon Hai Precision Industry Co (鴻海精密) chairman Young Liu (劉揚偉) said the company’s Chinese rivals in Vietnam have set up operations near its campuses to poach its employees. Hon Hai Precision Industry Co chairman Young Liu speaks at an event in Taipei’s Beitou District on Saturday. The key Apple assembly partner employs about 60,000 people in Vietnam, the company’s largest manufacturing base outside of China, Liu said. Foxconn has been making electronics in Vietnam for several years, dating back to before the US trade dispute with China.


Source: Taipei Times June 13, 2022 06:20 UTC



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