Foxconn pulls out of Hunan proposal
By He Wei | China Daily | Updated: 2011-05-06 07:46
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Staff at work on the production line at the Foxconn complex in Shenzhen. Because of increased labor costs, the company recorded its biggest drop in profit in two years in the first quarter. Provided to China Daily |
SHANGHAI - Foxconn Technology Group, the world's largest electronics contractor by revenue, has halted a plan to manufacture tablet computers in Hengyang in Central China's Hunan province.
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