Yue Yuen Industrial Holdings Ltd., a shoe supplier for Nike Inc. and Adidas AG, said more than 1,000 factory workers in a southern Chinese city went on strike today, demanding better social security payments.
Thousands of workers in southern China went on strike in the last week to demand higher pay and better treatment, disrupting work at companies including one that supplies equipment to International Business Machines Corp.
Honda Motor Co. , grappling with the worst strikes to hit its 18-year-old Chinese manufacturing business, said it needs to improve communication with employees in the nation after the walkouts took the company by surprise.
Foxconn Technology Group, maker of parts for Microsoft Corp.’s Xbox, said some members of its 1 million-person workforce threatened to jump from a factory building earlier this month to protest an internal transfer of employees.
Security teams wearing riot helmets and wielding plastic shields marched around a Foxconn Technology Group factory in northern China in a sign that tensions remain high after a fight between 2,000 workers halted production.
On a crushingly hot mid-August day at Foxconn Technology Group’s Longhua factory campus in Shenzhen -- where a dutiful army of 300,000 employees eats, sleeps, and churns out iPhones, Sony Corp. PlayStations, and Dell Inc. computers -- workers indulged in a rare moment of celebration.
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.
Apple Inc. agreed to let outside monitors into factories of partners, such as Foxconn Technology Group, and listed suppliers for the first time to counter criticism about conditions of workers making its gadgets.
Labor unrest in China spread to Toyota Motor Corp. last week, forcing the Japanese automaker to stop production even as strikers at a Honda Motor Co. supplier agreed to return to work with a promise of higher pay.
Strategists predict the yuan will be the worst performer of currencies in the biggest emerging markets over the next four months as sluggish exports curb appreciation, limiting appetite for Dim Sum bonds.