Labor Shortage Forces Apple Manufacturer Foxconn To Move Further Inland Into China

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http://techcrunch.com – Less than two weeks ago, shares of Apple slipped after an announcement by iPhone manufacturer Foxconn that it was freezing hiring at several Chinese factories ignited concerns about falling demand for the Cupertino-based company’s devices. As it turns out, there were several other possible reasons for the freeze, including the glut of workers returning after breaking for Chinese New Year and Foxconn’s focus on implementing robotic workers. As the robot initiative points to, Foxconn’s concern is not too many workers, but too little. Bloomberg Industries reports that Foxconn an (IT news)