Edmund Ding News
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Shares of the following companies had unusual moves in Taiwan trading. Stock symbols are in parentheses and prices are as of 10:15 a.m. local time in Taipei.
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Foxconn Technology Group , maker of Apple Inc .’s iPhone and Dell Inc . computers, had an explosion and fire at a plant in southwest China’s Sichuan province yesterday that killed two people and injured 16.
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Foxconn Technology Group , maker of Apple Inc .’s iPhones and iPads, is investigating the cause of an explosion and fire at its plant in southwest China’s Sichuan province that killed two people and injured 16.
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The Chinese city of Zhengzhou will help Foxconn Technology Group recruit more than 100,000 workers next year for its local factory, matching the number it helped the maker of Apple Inc. iPhones and iPads hire in 2011.
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Foxconn Technology Group’s decision to start making solar power modules may speed the rate at which margins are narrowing for Chinese manufacturers, another blow for an industry already coping with a plunge in prices.
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Hon Hai Group, the assembler of Apple Inc. ’s iPhones, will raise workers’ salaries by at least 30 percent, more than indicated earlier, after a series of suicides at the world’s largest contract manufacturer of electronics.
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Hon Hai Group, the Taipei-based maker of Apple Inc. iPhones and Hewlett-Packard Co. computers, said it’s recruiting mental-health professionals and building leisure facilities in its Chinese factories after at least seven employee suicides this year.
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A 23-year-old Foxconn Technology Group employee fell to his death in an apparent suicide yesterday and another slashed his wrist early this morning, less than a day after Chairman Terry Gou bowed in apology for at least nine similar deaths at the company’s factories in China.
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Hon Hai Precision Industry Co. is in talks with solar companies in Asia and other continents to form ventures or make acquisitions, Edmund Ding, spokesman for the company said today. Ding declined to name which companies it’s in talks with.
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Apple Inc. Chief Executive Officer Steve Jobs said his company is “all over” Foxconn Technology Group to end the spate of suicides at the contract manufacturer of the iPhone.
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