Wednesday, May 26, 2010

Here's a Strange Story for you....

Apple Inc. said Wednesday that it is independently investigating how one of its Taiwan suppliers is dealing with nine suicides among its workers in China.

The object of the investigation is Hon-Hai Precision Industry Inc., which does business as Foxconn and assembles Apple (NASDAQ:AAPL) products including the iPhone and MacBook. It also does work for Dell Inc., Sony Corp. and Nokia Corp.

The Apple investigation comes after nine Hon-Hai workers in Shenzhen died from falls at buildings that have been confirmed as suicides. This has raised concerns about working conditions in the factories.

Hon Hai founder and chairman Terry Gou on Wednesday outlined a series of safety precautions the company is instituting, including installing 1.5 million square meters of safety nets around the outsides of all worker dormitories.

He has rejected characterizations of his factories as "sweat shops" and said it is difficult to manage a work force of 800,000 people, but the company is taking steps.

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