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Foxconn Moves Factory To Northern China To Reduce Costs

Aggregated Source: ChinaTechNews.com
June 26, 2008|

According to Chen Weiliang, president of Foxconn International, Foxconn will move its factories from Shenzhen to northern Chinese provinces such as Hebei and Shanxi where the average salary is more than 60% lower than that of Shenzhen, to save costs. However, Chen says that Foxconn will maintain the R&D operations of smartphones in Shenzhen. In addition, [...]

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