Apple And Foxconn's Ethics Hit Your Gadget Prices
Last week Foxconn pushed its starting salaries up from 900 yuan ($143) to 1,800 yuan per month, the latest and biggest in wage upticks that began in 2010. Foxconn did this for one main reason: international attention focused on the firm and associated ethical questions surrounding its treatment of workers.
The lens through which this attention was focused bears just one name – Apple -- because the iPhone seller is one of the biggest companies in the world, and has recently made very bold steps to improve worker conditions. But Foxconn is actually a key supplier for a laundry list of international electronics firms, from Samsung to numerous household American names. Now two of those firms, tech giants HP and Dell, have warned that rising costs in their Chinese supply chain may result in increased in-store prices for their wares.
Apple And Foxconn's Ethics Hit Your Gadget Prices