According to a Chinese news site, electronics manufacturer Foxconn is closing its China-based factories—including the Shenzhen location which has been scrutinized over rampant employee suicides. This could mean that up to 800,000 workers would lose their jobs
According to the yet-to-be-confirmed report by ON.CC, Foxconn is withdrawing from China because it intends to shift its focus onto factories in Taiwan, Vietnam, and India. [ON.CC via Register]
Photo of Foxconn factory from prior article, not from this news report.
