Apple supplier Foxconn set to stay put in Henan


Foxconn's Zhengzhou plant is the largest manufacturing base for Apple’s iPhone and has more than 90 production lines and over 300,000 workers. — Reuters

SHANGHAI: Zhang Mingxin, 25, recently found a new job as a product quality inspector at Foxconn Technology Group’s plant in Zhengzhou, capital of Central China’s Henan province, where about 50% of the world’s iPhones are made.

About two years ago, Zhang took a part-time job for more than one month during his summer vacation on Foxconn’s Zhengzhou assembly line.

“My basic monthly salary is now 2,200 yuan (RM1,402) and I will receive a 7,500 yuan (RM4,782) bonus for staff who previously worked at Foxconn for over one month and returned,” Zhang said.

The unemployment rate among young people aged 16 to 24 has remained high this year amid downward economic pressure.

Zhang said young job seekers are struggling to find satisfying work this year, and it is timely that Foxconn launched such a bonus package for returnees.

He said the Zhengzhou plant’s benefits package is attractive, as he can enjoy daily living subsidies, affordable meals in the employees’ canteen and accommodation for just 150 yuan (RM96) each month.

Known as the world’s largest contract manufacturer in electronics, Foxconn has ramped up hiring in Zhengzhou by offering a bonus plan, as the world’s largest iPhone factory prepares for the production of new iPhone models that are expected to launch in September.

In addition to the one-time 7,500 yuan (RM4,782) bonus for returning employees, Foxconn’s Zhengzhou plant is offering experienced workers who have had more than two stints at Foxconn a bonus of 8,000 yuan (RM5,101), according to a job recruitment advertisement published by the Zhengzhou campus.

It is the highest bonus offered by the factory since production was disrupted by the Covid-19 pandemic last November.

Foxconn, also known as Hon Hai Precision Industry Co, is a major supplier of Apple Inc.

The company’s Zhengzhou plant is the largest manufacturing base for Apple’s iPhone and has more than 90 production lines and over 300,000 workers.

In addition, Foxconn’s plant in Shenzhen, Guangdong province, is offering a bonus of up to 6,980 yuan (RM4,451) for new employees, according to recruitment posts on its Shenzhen campus. — China Daily/ANN

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Foxconn , iPhone , Zhengzhou , Henan , unemployment , bonus , benefits

   

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