What Behind the Foxconn Riot?

It was reported that there was a worker riot happened in Taiyuan Foxconn plant in Sept 23th, where is speeding up the production of the newly released iPhone 5 parts. The spokesperson of Taiwan Foxconn technology group, Louis Woo said that in its factory located in Taiyuan, Shanxi province, over 2000 workers from different production lines went rioted in Sept 24th, 2012. After 5000 police officers were sent to the plant, the riot is under the control now. He indicated that an official statement will be issued later. The "Taiyuan Foxconn riot" occurred in about ten o 'clock last night left and right sides, thousands of employees not only have beaten security guards, but also have pushed over the gate of the plant, damaged the bus, dining room and other infrastructures, the riot continued until today at 3 o 'clock. Finally, with the help of thousands polices the situation was under the control. Now the Foxconn Taiyuan plant is in chaos.

Only a week ago, Apple has released its new iPhone. Although people have questioned its innovation ability, it still set a new sales record of its own. Just three days of release, Apple claims that 5 million devices have been sold. Currently, all inventory has been sold out, but the new devices won't fill in until October. The riot Taiyuan plant is in charge of manufacturing some iphone5 parts. Due to this disturbance, workshop and dining room were damaged and the factory was closed for a day, the production capability is certainly being influenced, but it is still hard to estimate the influence of this riot on the production of iPhone 5. Seeing the situation of demand exceeds supply now, this will undoubtedly make many Apple fans who are waiting for purchasing the new iPhone sad. Some of the Americans think that if Apple could bring its production lines back to the States, such riot wouldn't happen again. But in February 2011, in President Barack Obama's luminaries dinner held in silicon valley, Steve Jobs, jobs give a very clear answer to this choice that "these losing jobs will never come back". Obviously, in this capital-globalization age, the capital chases for interests. If manufacturing in a foreign country can obviously obtain more interests, who is willing to solve the employment problem?

LEAVE A REPLY

©2016 ETrade Supply Blog All Rights Reserved

successSuccessfully submitted!
Thanks for your suggestion!