![]() When most people think about the economic impact of a large company, it usually stops at the jobs at the factory or the office park and the tax revenue. There was a wave of suicides among Foxconn workers in 20, prompting Apple and Foxconn to make changes at the factories. In 2008, SOMO found that workers had to work compulsory overtime leading to 70-hour work weeks on average. The Centre for Research on Multinational Corporations (SOMO) reported in 2005 that the average worker works 27 days per month for 10-11 hours per day and earns 1000 RMB ($157) per month, including overtime. Investigations of working conditions at Foxconn during Liu’s time (2005-2010) found workers to be both underpaid and overworked. ![]() Apple claims it supports 4.8 million jobs in China.įoxconn has faced accusations of labor abuses, poor working conditions, and harsh penalties for workers who make mistakes throughout its recent history. Today, Foxconn is by far the country's largest private employer, with 1.3 million employees in mainland China. It has hovered between 50-60% in the years since and, while revenue grew to $110.79 billion in 2012, it has hovered between $130-$140 billion in the years since. In 2009, Apple products accounted for around 25% of Foxconn’s revenue. In 2010, it nearly doubled to $79.38 billion.įoxconn’s reliance on Apple has increased with revenue growth. In 2007, the year Apple introduced the iPhone, the company’s revenue jumped to $38.11 billion. In 2005, Foxconn’s revenue totaled $21.54 billion. Over that time, Foxconn and Apple’s relationship deepened and so too did the companies’ fortunes become intertwined. The couple worked at the Longhua factory for five years. The company had contracts with major electronics companies like Dell, Sony, and, most importantly, Apple.Īt the time, Apple’s best selling product was the iPod. In 2005, Foxconn was growing into its status as the world’s largest contract electronics manufacturer. Liu Fei, a 31-year-old Chinese woman, lives just outside the gates of the biggest iPhone factory in the world, the Foxconn Zhengzhou Science Park. Her life is better now than when she was growing up, but she sees little opportunity to escape the grinding lifestyle she currently lives. ![]() She told us that the lives of ex-factory workers like herself, who open businesses when they save enough money, is often harder than that of the factory workers.We spent the day with a 31-year-old woman whose entire life has been shaped by Foxconn and Apple, having worked at the Foxconn's Shenzhen factory in her 20s and then moved to Zhengzhou to open her own business catering to factory workers.Thousands of residents' livelihoods rely on the success of Apple and Foxconn, though they don't even work at the companies. ![]() Half of the world's iPhones are made at a sprawling factory complex in Zhengzhou, China that employs as many as 350,000 people and has spawned a mini city residents call " iPhone City.".Account icon An icon in the shape of a person's head and shoulders. ![]()
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