Caixin
Nov 28, 2022 07:43 PM
BUSINESS

Foxconn Offers $1,800 Bonus to Workers Who Stay in iPhone City

The Foxconn situation serves up another reminder of the dangers for Apple of relying on a vast production machine centered on China at a time of unpredictable policy. Photo: Bloomberg
The Foxconn situation serves up another reminder of the dangers for Apple of relying on a vast production machine centered on China at a time of unpredictable policy. Photo: Bloomberg

(Bloomberg) — Apple Inc. partner Foxconn is offering bonuses of as much as $1,800 to existing workers at its Zhengzhou facility, hoping to sustain the staff levels it needs to run the world’s largest iPhone factory.

Foxconn, also known as Hon Hai Precision Industry Co. Ltd., will top up wages by as much as 13,000 yuan per month in December and January for full-time workers who’d joined at the start of November or earlier, the company said in a notice over the weekend. Last week, Foxconn offered similar bonuses for workers opting to leave its campus, largely to usher out new arrivals who’d participated in violent protests against virus lockdowns.

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