Foxconn settles iPhone manufacturing price surge
Foxconn, the main manufacturer of Apple’s iPhone, on Thursday confirmed an earlier report suggesting it will charge clients more for making mobile handsets. However, the company says competitors likely will not use the move to entice clients. “Most clients have already agreed to the new quotes,” Foxconn representatives told reporters.
Moreover, on Wednesday, a Taiwan-based publication reported a Citibank analyst believe Hon Hai, Foxconn’s parent, would raise manufacturing costs for October.
Foxconn and Apple have been mired in a long-running debate on the best response to worker suicides. Most recently, the Chinese company raised worker wages. Along with Apple, Foxconn also makes products for others, including Nokia, Motorola and Sony Ericsson.