{"id":81640,"date":"2010-06-30T06:15:54","date_gmt":"2010-06-30T13:15:54","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/?p=81640"},"modified":"2010-06-30T19:52:13","modified_gmt":"2010-07-01T02:52:13","slug":"foxconn-preparing-to-shift-main-production-to-north-china","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2010\/06\/foxconn-preparing-to-shift-main-production-to-north-china\/","title":{"rendered":"Foxconn Preparing to Shift Main Production to North China"},"content":{"rendered":"<p>Foxconn, the behemoth hi-tech manufacturing plant that has been <a href=\"http:\/\/chinadigitaltimes.net\/china\/foxconn\">hit by a number of worker suicides<\/a> this year, is shifting its base of operations from Shenzhen to northern China to follow the cheap labor market. <a href=\"http:\/\/www.marketwatch.com\/story\/foxconn-preparing-to-shift-to-north-china-2010-06-30?reflink=MW_news_stmp\"><strong>From MarketWatch<\/strong><\/a>:<\/p>\n<blockquote><p>\nThe new facilities will be located in Hebei province and are expected to be completed by year&#8217;s end, according to a report by Dow Jones Newswires on Wednesday which cited comments by company spokesman Vincent Tong.<\/p>\n<p>Expenses associated with the move contributed to higher depreciation costs in the first half results, Tong was cited as saying.<\/p>\n<p>Earlier in the day Foxconn issued a profit warning for the six months ending June 30, saying it expects its losses for the period to be bigger than a year earlier because of weak product pricing and higher depreciation costs. <\/p><\/blockquote>\n<p>Read more about Foxconn via CDT.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foxconn, the behemoth hi-tech manufacturing plant that has been hit by a number of worker suicides this year, is shifting its base of operations from Shenzhen to northern China to follow the cheap labor market. From MarketWatch: The new facilities will be located in Hebei province and are expected to be completed by year&#8217;s end, [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2,5,38,1051],"tags":[3405,626,275,2829],"class_list":["post-81640","post","type-post","status-publish","format-standard","hentry","category-economy","category-society","category-the-great-divide","category-top-article","tag-foxconn","tag-manufacturing","tag-migrant-workers","tag-wages","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.7 (Yoast SEO v23.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foxconn Preparing to Shift Main Production to North China<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2010\/06\/foxconn-preparing-to-shift-main-production-to-north-china\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foxconn Preparing to Shift Main Production to North China\" \/>\n<meta property=\"og:description\" content=\"Foxconn, the behemoth hi-tech manufacturing plant that has been hit by a number of worker suicides this year, is shifting its base of operations from Shenzhen to northern China to follow the cheap labor market. From MarketWatch: The new facilities will be located in Hebei province and are expected to be completed by year&#8217;s end, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"http:\/\/chinadigitaltimes.net\/2010\/06\/foxconn-preparing-to-shift-main-production-to-north-china\/\" \/>\n<meta property=\"og:site_name\" content=\"China Digital Times (CDT)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ChinaDigitalTimes\" \/>\n<meta property=\"article:published_time\" content=\"2010-06-30T13:15:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2010-07-01T02:52:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/chinadigitaltimes.net\/wp-content\/uploads\/2021\/08\/CDT-logo.png\" \/>\n\t<meta property=\"og:image:width\" content=\"186\" \/>\n\t<meta property=\"og:image:height\" content=\"177\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Sophie Beach\" \/>\n<meta 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