Foxconn once again discredited | RetailDetail

Foxconn once again discredited

Foxconn once again discredited

Over a period of twenty days three employees of Foxconn, the world’s biggest subcontractor for the production of electronics, have committed suicide. According to Foxconn none of the suicides are related to issues at work, but China Labor Watch demands a thorough investigation, because of the bad reputation of the company.

Unclear circumstances

The three suicides all happened at the same plant in Zhengzhou, one of Foxconn’s largest factories. The victims were a 24-year old man, a 23-year old woman and a 30-year old man.

 

Foxconn underlines that “an internal investigation has shown that there is no evidence work related reasons were at the foundation” and it emphasises that “experts who have investigated these tragic events in the past, have pointed out that suicide is a complex matter and that there never is just one clear reason”.

 

“The reasons for these building jumpings are unclear”, says China Labor Watch, which has started an investigation. The NGO, with headquarters in New York, does not exclude there’s a connection with a new "policy at Zhengzhou in which workers are purportedly threatened with termination if they talk on the job”. The authorities of the Central Chinese province Henan have also started an investigation.

 

Bad reputation                        

The new incidents are very unwelcome for Foxconn, now the company id bit by bit cleaning up its image.

 

Unions and organisations who work with human and worker’s rights, have had their sights on Foxconn for some time. The Taiwanese producer of electronics, which is subcontracted by Nokia, Sony, HP and Apple, has a bad reputation since at least thirteen employees committed suicide in 2010. Foxconn in China has about 1.2 million employees.

Questions or comments? Please feel free to contact the editors


Ceconomy finds growth online

09/02/2018

Ceconomy, Media Markt and Saturn’s parent company, revealed a small turnover growth for its first quarter, thanks to improved online sales. Expectedly, its profit did drop.

Insurance company becomes second largest Fnac-Darty shareholder

08/02/2018

There has been yet another thorough shake-up among Fnac Darty’s shareholders. The merger company, which owns Belgian electronics chain Vanden Borre and Dutch retailer BCC, will now welcome insurance company SFAM, after it bought investment fund Knight Vinke’s shares.

Record profit for Apple despite disappointing sales

02/02/2018

Apple broke its turnover and profit records in the first quarter of its fiscal year, which ended on 30 December 2017. Nevertheless, there are unfavourable signals, because iPhone sales were below expectations.

Computer chips reason for Samsung's record profit

31/01/2018

Korean technology company Samsung’s fourth quarter resulted in a record profit, mainly thanks its chip division, where prices remain sky high.

Scottish store "fires" Pepper robot

23/01/2018

An Edinburgh-based store of British chain Margiotta halted its Pepper robot experiment after merely a week, because its customers apparently found it too confusing.

Ceconomy issues profit alert for first quarter

22/01/2018

Media Markt and Saturn’s parent company, Ceconomy, issued an alert warning it would probably have weaker first quarter results.

Back to top