Retail in Asia

In People

Taiwan’s Foxconn gives 30pc pay rise after suicides

Production line workers at Foxconn’s Shenzhen manufacturing hub will get a 30 percent pay rise, as top customer Apple called recent suicides at the plant troubling but said the site was "not a sweatshop".

Demands for higher pay among workers in Guangdong province are likely to increase as a labour shortage in the region increases and gives workers more leverage.

Analysts said business models may change as the era of cheap south China labour comes to an end.

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(Source: scmp.com)