Feeds

Foxconn warns phones prices will rise

Decent working conditions cost more. Sorry

Application security programs and practises

Mobile phone prices are set to rise, warns the owner of the Foxconn factories.

The Hon Hai Precision Industry Co has suggested customers of Apple, Nokia and others should expect a hike given the amount Foxconn has been spending on improving conditions for workers, and the fact that it has employed a PR agency for the first time.

Local Citibank analyst Chang Kaiwei has been telling the Commercial Times newspaper that price rises are imminent, as Reuters reports.

Foxconn's new PR efforts are evident, with the company recently getting in touch to tell us about how much it doesn't abuse its employees or visiting students. But all that touchy-feely stuff costs money, which is going to have to come from the pockets of customers.

It's easy to say that one would be happy to pay an extra tenner for something made by workers who aren't paid in rice; but the electronics business is very price-sensitive, and Hon Hai will have to take care not to improve workers' conditions to the point where the brands take their business elsewhere. ®

The Power of One Infographic

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.