Foxconn to close factories in China
Found on Techworld on Friday, 11 June 2010
The iPad manufacturer has come under media scrutiny in recent months after a wave of suicides at its huge Shenzhen plant.
According to a report on MIC Gadget, Foxconn CEO Guo Tai-ming has said workers commit suicide for the money, and the company will no longer compensate the families of Foxconn workers who take their own lives.
First they create a growing market, then they pull out. Granted that this idea to make money is rather short sighted and a one-time chance only.