wage increases

wage increases

Apple believed to be subsidizing wage increases at Foxconn

www.appleinsider.com
After gross margins rebounded at Foxconn parent company Hon Hai Precision, one analyst has said he believes Apple "stepped up" and helped to pay for wage increases at its manufacturing partner....
Apple believed to be subsidizing wage increases at Foxconn
Foxconn says Apple will help bear cost of better working conditions

Tim Cook is in China, and So is Apple

www.wired.com
Apple CEO Tim Cook is in China, his first visit to Apple’s second-biggest market since taking over for Steve Jobs last August. Apple’s influence and presence in China have increased considerably, and its importance to the company is clear: China has the potential to become Apple’s largest market, and is...
Tim Cook is in China, and So is Apple

Efforts by Apple and Foxconn to Improve Electronics Industry Labor Conditions Starting to Take Hold

www.macrumors.com
In the latest installment of its "iEconomy" series, The New York Times takes a look at the advances made by Apple and Foxconn to improve working conditions at the Chinese factories churning out Apple products since a major push began earlier this year. The report details many changes such as...
Efforts by Apple and Foxconn to Improve Electronics Industry Labor Conditions Starting to Take Hold
These Two Charts Show How The Priorities Of US Companies Are Completely Screwed Up

Kenya's government is set to apply a 10% tax on mobile money transactions

thenextweb.com
Following the recent strike in Kenya by state-employed teachers, lecturers and doctors, the country’s treasury has said it will cover the approximated $300 million USD cost in wage increases through cost cutting and introduction of new taxes, including on mobile money transfer services such as Safaricom’s M-Pesa. The tax measures announced...
Kenya's government is set to apply a 10% tax on mobile money transactions

Foxconn Again Raises Wages for Entry-Level Workers

www.macrumors.com
Reuters reports that Apple's manufacturing partner Foxconn has announced new wage increases for entry-level workers at its facilities in China, boosting pay anywhere from 16-25 percent. The increase, which comes as Foxconn is again under increasing global pressure stemming from reports on working conditions and worker rights issues at the...
Foxconn Again Raises Wages for Entry-Level Workers
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