Apple supplier Foxconn sees profits drop due to higher employee costs
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Apple supplier Foxconn sees profits drop due to higher employee costs

San Francisco : CA : USA | Apr 30, 2012 at 2:10 PM PDT
Source: Venture Beat
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Score one for human rights, zero for an Apple supplier's bottom line. Foxconn parent company Hon Hai Precision Industry posted lower profits than usual in the first quarter of 2012 due to higher employee costs. These costs are directly related to fair labor audits prompted by Apple. FULL ARTICLE AT Venture Beat
 
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