Posts Tagged ‘plant’

Vietnamese Government Cancels Foxconn’s Mobile Phone Plans

The Vietnamese government is canceling plans for Taiwan-based Foxconn to manufacture mobile phones in the country. An official from the government of Vietnam revealed that their related department has cancelled the investment license issued to Foxconn Group for the construction of a USD200 million mobile phone plant in Vietnam. Nguyen Tien Hanh, head of investment […]


Rumor: Lenovo To Cut 200 Jobs In Beijing Headquarters

Chinese PC maker Lenovo (LNVGY) plans to cut 200 jobs in its Beijing headquarters, of which about 5% are senior managers and directors.


Hon Hai To Cut Costs With Employee Relocation In China

To broaden sources of income and reduce expenditure, Taiwan-based technology manufacturing group Hon Hai Precision Industry Company is planning to implement large-scale employee relocations to third-tier Chinese mainland cities that can offer preferential tax policies in addition to reducing its operating budget for 2009 by 20%.