Feeds

Foxconn CEO: 'Suicides weren't our fault'

Family breakdown, not factory conditions

The essential guide to IT transformation

An investor meeting has heard from Foxconn's CEO that the worker suicides that plagued the company in recent years weren't the company's fault.

Urging patience among investors as the Chinese giant works to reinvent itself beyond product assembly, hiring thousands of researchers and looking at everything from cloud services to electric cars (Gou hopes the outfit can build a $US15,000 EV, according to this report), Gou noted that as the company's largest shareholder, “if it's bad for Hon Hai it's also bad for me”.

Hon Hai Precision Industry is Foxconn's largest business unit. During the Hon Hai shareholders' meeting, Gou said the number of suicides reported in the company's Chinese operations were a function of scale, rather than an accurate reflection of working conditions.

PC World reports Gou as saying that while some suicides were down to monotonous work, “90 per cent” of the deaths “had to do with personal relationships or because of family disputes”.

He also pointed out that with more than 470,000 workers in Shenzen, scale alone made it inevitable that the company would have suicides among its workers, and asserted that few Chinese factories would be able to meet Foxconn's standards.

The “Foxconn scandal" broke in 2010, with a leaked report later asserting that the company's manufacturing campuses were like a prison. Reports of suicidal workers continued through to 2012.

Plans discussed by Gou for the future include hiring 15,000 people in Taiwan for research roles, and he hinted at trying to secure manufacturing work for Facebook, owner of Oculus Rift, as part of trying to hit 10 per cent year-on-year profit growth. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Facebook, Google and Instagram 'worse than drugs' says Miley Cyrus
Italian boffins agree with popette's theory that haters are the real wrecking balls
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.