Labor group finds violations at Foxconn

One of Apple's main Chinese suppliers promises to improve worker conditions after an investigation.

By Kim Peterson Mar 29, 2012 6:31PM
Apple (AAPL) has acknowledged labor issues at its factories in China, and a report out Thursday from the Fair Labor Association backs up the company's findings.

There isn't a whole lot of new information here. The association audited three factories belonging to Foxconn, the company that makes electronics for Apple, Hewlett-Packard (HPQ), Dell (DELL) and others. The report said some workers were putting in as many as 60 hours a week, and Foxconn said it will cap that time at 49 hours a week by July of next year.

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The report found that 14% of workers may not be getting fair pay for unscheduled overtime, since overtime is only paid in 30-minute increments. So if you work 29 minutes over, for example, you won't get paid for that because it didn't hit the 30-minute mark.

But there's one problem with the report, according to Cnet. Although Foxconn promises to fix the violations, there are no consequences if these labor issues continue.

Shares of Apple fell after the report was released and closed down 1.3% to $609.86.

Tags: AAPLHPQ
4Comments
Mar 30, 2012 12:46AM
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Aww 60 hours a week and no overtime.  It's called salary and to the chagrin of the working man, employers here in the U.S.  f-ing LOVE it!
Mar 30, 2012 12:24AM
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here we go again, trying to fix other peoples problems when it's a mess in our own backyard.......
Mar 30, 2012 12:36PM
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Well just maybe if their standards rise, ours will not go down any more than it has.   How smart does one have to be to figure that out. 
Mar 30, 2012 12:05AM
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Mind your f...ing busyness. China is progressing by leaps and bounds...fix Europe and America's

 

laziness and get off china's back!!!

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