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Foxconn plans $5b Chengdu production base

Source:   Time:

  

  Foxconn workers walk on a footbridge outside a Foxconn factory building in the township of Longhua, in southern Guangdong province June 2, 2010. [Agencies]

  Foxconn Technology Co plans to hire 100,000 people for its Chengdu production base, in which the original equipment manufacturer will invest $5 billion, the West China Metropolis Daily reported today, citing an agreement bewteen Foxconn and the local government.

  Foxconn has started to hire 1,000 people in Chengdu, at a minimum monthly salary of 1,590 yuan ($234.55), the Chengdu-based newspaper said.

  

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