Retail in Asia

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Foxconn considers moving production back to Taiwan

Foxconn Technology Group, shaken by a spate of worker suicides at its mammoth industrial compound in Shenzhen, said on Thursday it could move some of its production lines back to Taiwan if the island offers attractive enough incentives, including cheaper costs for hiring foreign labourers.

Meanwhile, Taiwan is making intensive efforts to increase its attractiveness to foreign investors, and to lure back companies like Foxconn, which have left the island in droves for mainland China.

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(Source: scmp.com)