Foxconn International Holdings, the manufacturer for global electronic giants like Apple Inc., Panasonic and Dell, plans to set up a plant in central China's Henan Province.
Foxconn, which came into the spotlight after 13 in-plant suicides since the beginning of this year, currently has operations in south China's prosperous Shenzhen in Guangdong Province.
A recruitment announcement published on the government website of Hebi City in Henan has caught the attention of workers nationwide—Foxconn needs 100,000 employees for its new factory in the province. Cities in Henan are already competing for the plant's site.
Workers at the new plant can expect a monthly salary comparable to their Shenzhen peers, between 2,500-3,000 yuan ($366-439), according to the recruitment notice. The notice also said overtime work would be no more than three hours a day and a one-day break is guaranteed each week.
Foxconn intends to cut costs as local governments in Henan have vowed to provide preferential treatment in terms of land use, taxation and logistics services.
Analysts forecast Foxconn's move inland might prompt other manufacturers to follow since establishing a business in coastal areas has become more expensive.
Officials of Guangdong Province said in May that projects with low added value should be moved to inland, and Foxconn must cut its employees engaging in low-end production to 100,000 in Guangdong. |