By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Luxury Tech, Business Events, and Insight for Global IntellectualsLuxury Tech, Business Events, and Insight for Global Intellectuals
  • Home Technology
    • Home 2Hot
    • Home 3
    • Home 4
    • Home 5New
  • Technology
    Technology
    Show More
    Top News
    Apple Jul Announcement: What a Refresh for Macbook
    Sponsored by Sponsored bySponsored by
    Advantages and Disadvantages of Having Smartphone
    April 20, 2023
    Top 10 Best Portable Bluetooth Speakers for Summer Fun
    April 20, 2023
    Latest News
    Top 10 Best Portable Bluetooth Speakers for Summer Fun
    April 20, 2023
    Apple Jul Announcement: What a Refresh for Macbook
    Sponsored by Sponsored bySponsored by
    Advantages and Disadvantages of Having Smartphone
    April 20, 2023
  • Gadget
    GadgetShow More
    Best Fujifilm Cameras for Every Photographer
    Seeking Suggestions Regarding Headsets for Conference Interpreters
    4 Min Read
    4
    Portable Bluetooth Speakers That can Go Literally Anywhere
    4 Min Read
    3
    Should I Replace My Upright Vacuum with a Cleaning Robot?
    4 Min Read
    4
    Top Rated Products in Wireless & Portable Bluetooth Speakers
    4 Min Read
  • Posts
    • Post Layouts
      • Standard 1
      • Standard 2
      • Standard 3
      • Standard 4
      • Standard 5
      • Standard 6
      • Standard 7
      • Standard 8
      • No Featured
    • Gallery Layouts
      • Layout 1
      • Layout 2
      • Layout 3
    • Video Layouts
      • Layout 1
      • Layout 2
    • Audio Layouts
      • Layout 1
      • Layout 2
      • Layout 3
    • Post Sidebar
      • Right Sidebar
      • Left Sidear
    • Content Features
      • Inline Mailchimp
      • Highlight Shares
      • Print Post
      • Inline Related
    • Auto Load Next Posts
    • Sponsored Post
  • Pages
    • Search Page
    • 404 Page
Search
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Foxconn – The reason your favorite gadgets are so cheap
Share
Sign In
Notification Show More
Aa
Luxury Tech, Business Events, and Insight for Global IntellectualsLuxury Tech, Business Events, and Insight for Global Intellectuals
Aa
  • Tech News
  • Gadget
  • Technology
  • Mobile
Search
  • Home
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • Categories
    • Tech News
    • Gadget
    • Technology
    • Mobile
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
  • Contact
  • Blog
  • Complaint
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Luxury Tech, Business Events, and Insight for Global Intellectuals > Blog > Uncategorized > Foxconn – The reason your favorite gadgets are so cheap
Uncategorized

Foxconn – The reason your favorite gadgets are so cheap

Josh Bois
Last updated: 2011/07/23 at 1:51 PM
Josh Bois
Share
SHARE

Foxconn, which officially goes by Foxconn International Holdings, a multinational subsidiary of Hon Hai Precision Industry Co Ltd is a firm that helps many major product makers outsource their manufacturing to factories in other countries. They have been around since 1974 and help make some of America’s and the world’s most prominent products such as iPhones and iPods among others. They have been under a great deal of heat from human rights organizations as well as unions and related firms due to their living conditions that they house their staff in. Often times the living they provide their workers is barely habitable although perhaps slightly better than the communities around them by comparison but still nothing you would want to live in. From a Global Good perspective it is sad to see these people hurting and working for such low wages; especially when you realize that we are all part of the problem. Whether your a parent getting your child a happy meal with a “free” toy included or throwing out your phone every few months for the latest, the real price you are paying is that you are supporting the companies who mass produce quantity by cutting the costs of labor with their outsourcing and lowely living conditions. A Firm that brings in $60 billion in revenue should be able to better support its’ workers.

Now on the other side of the coin; there are many Global Good reasons why we do need some firms who can make electronics for cheap which do add some benefits to the negative side effects such as third world countries being able to have access to electronics and such; but at what cost? Here at Global Good Group we just want to bring information to the people of the World so that they can make their own decisions. Firms like Foxconn in many ways are necessary to help outsource product manufacturing so that innovative firms like Apple can focus on their competencies such as innovation itself but the benefits of this outsourcing must be checked with propper precautions and guidelines to protect workers, properly compensate them, and help them in a positive way emotionally, mentally, and physically other than a meager pay check.

Foxconn Suicides Wikipedia: http://en.wikipedia.org/wiki/Foxconn_suicides — There is a Wikipedia article dedicated just to suicides that have occurred from more than a dozen employees of this multinational firm due to the long working hours and discrimination that many of them have to put up with such as mainland Chinese workers being harrassed by their Taiwanese coworker counterparts.

Even another Wikipedia entry exists for 2011 Chengdu Foxconn explosion where 3 workers were killed ( http://en.wikipedia.org/wiki/2011_Chengdu_Foxconn_explosion_incident ) shows that firms like this need to really take better precautions to ensure a good working environment for those that call themselves Foxconn employees.

Revenue: $59.3 billion with a net income of $2.2 billion
Employees: 920,000

Official Website: Foxconn.com

Facebook Page: http://www.facebook.com/pages/Foxconn/112308698781407?sk=wiki

List of Foxconn Products: http://www.foxconn.com/NWInG/products/default.asp

Foxconn’s Global Network: http://www.foxconn.com/NWInG/about/global.asp

Official Foxconn Wikipedia: http://en.wikipedia.org/wiki/Foxconn

Related News:

“Foxconn to Hire Up to 400,000 Workers in 2011, Increasing Employment by 50%” – IBTimes.com – http://www.ibtimes.com/articles/43960/20100818/foxconn-to-hire-up-to-400-000-workers-in-2011-increasing-employment-by-50.htm

You Might Also Like

Adobe Photoshop 3D Printing Features

Technology Revolutionizing the Healthcare Field

Unfair or Unethical? Technology and Field Sobriety Tests

The Ultimate Living Room Home Entertainment Device – Logitech Wireless Keyboard With Mouse

Tech Entrepreneur How to Start a Modern SEO Business

TAGGED: Foxconn, hon hai precision industry, hon hai precision industry co

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Josh Bois July 23, 2011 July 23, 2011
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Apple OS Snow Leopard
Next Article iPhone 5 Release Updated News and Information

Stay Connected

248.1k Like
69.1k Follow
134k Pin
54.3k Follow
banner banner
Create an Amazing Newspaper
Discover thousands of options, easy to customize layouts, one-click to import demo and much more.
Learn More

Latest News

Best Fujifilm Cameras for Every Photographer
Are Smartwatches the Future of Wearable Devices?
Tech News
Seeking Suggestions Regarding Headsets for Conference Interpreters
Gadget
Top 10 Best Portable Bluetooth Speakers for Summer Fun
Technology
//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form id=”1616″]

Luxury Tech, Business Events, and Insight for Global IntellectualsLuxury Tech, Business Events, and Insight for Global Intellectuals
Follow US

© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?