After worker protests over stringent Covid-19 restrictions and mass walkouts, Foxconn raised wages and bonuses to try to woo back some people who had left.
The latest recruitment ad published by the Zhengzhou plant on Tuesday offered up to 2,500 yuan in subsidies to new hires, a fraction of the 6,500 yuan offered in April 2022.
Only about 70,000 workers are now at Foxconn’s Zhengzhou plant, less than half the designed capacity, according to a report from China Business News, a Shanghai-based newspaper. The article was later deleted.
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Foxconn dangles incentives for workers as iPhone shortages plague holiday season
While 85 per cent of all iPhones are currently assembled in China, India-made devices were up 65 per cent last year, according to a March report published by market research firm Counterpoint.
Apart from India, Foxconn also secured a new site in Vietnam in February for US$62.5 million to meet “operational needs and expand production capacity”.
Separately, Foxconn signed a US$300 million agreement with a Vietnamese developer last August to build a new factory in Bac Giang, where it already produces iPads and AirPods, Reuters reported at the time, citing state-run newspaper Tuoi Tre.
