(Reuters) - China announced a series of measures on Friday to promote a new financial zone in the southern city of Shenzhen, including a 15 percent corporate profit tax rate for eligible companies.
The Qianhai zone in Shenzhen would be an experimental zone for the growing offshore yuan market, China’s National Development and Reform Commission said at a press conference in Hong Kong.
You can read a book, browse your photos and even play the piano on the new iPad – but what exactly goes into making Apple’s new tablet?
A rare insight into one of the factories shows the meticulous attention to detail covered by staff as they assemble thousands of tablets every day.
The factory in city of Shenzhen, China, employs 240,000 men and women, and even houses 50,000 on site.
Hundreds of workers [...]
(AP) – Apple said Monday that an independent group, the Fair Labor Association, has started inspecting the working conditions in the Chinese factories where its iPads and iPhones are assembled.
The FLA team began the inspections Monday morning at Foxconn City in Shenzhen, China, Apple said. The complex employs and houses hundreds of thousands of workers.
Foxconn, a unit of Taiwan’s Hon Hai Precision Industry Co. employs an estimated 1 million to 1.1 million people in China at a series of huge factory campuses. Working conditions [...]
As Apple, Inc. enters its first full year without founder Steve Jobs at the helm, expect one thing not to change: Apple will not be creating large numbers of jobs in the U.S. In fact Apple, which until 2004 did a lot of manufacturing in the U.S., employs just 43,000 people in the U.S. It employs 20,000 people in China. However, the vast majority of the 700,000 contract workers who toil in factories [...]