Foxconn Closing China Factories?

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.

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