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Apple needs to “step up” on labour issues in Asia, says analyst

Concerns over the labour conditions at Foxconn Technology Group, Apple’s largest supplier, caused one analyst at Calvert Investments to say that the company is reviewing its holdings in Apple, although he stopped short of saying it would dump its shares altogether.

According to Bennett Freeman, senior vice president, sustainability research and policy at the investment firm, Apple needs to improve upon its labour rights and working conditions if it hopes to sustain their iconic brand.

He also noted that Calvert has been aware of Apple’s problems with suppliers in China for quite a while, and it has repeatedly engaged with the maker of iPads, iPods, and iPhones, insisting the company improve its standards and conditions.

(Source: CNBC)