New York, September 24 (FinanceEnquiry.com) – When an individual argument turned into a fight engaging around 2,000 personnel in a dormitory late on the night of Sunday, wounding 40 staff members, Foxconn Technology Group of Taiwan shut its Taiyuan plant today that is situated in northern China.
Deploying nearly 79,000 workers, the Taiyuan plant is the manufacturer of customer electronic components, precision moldings and electronic components of automobile. Not only this, if to believe on the statement of an employee of the plant, it is also engaged in the manufacturing of various parts and assembles that are used in iPhone 5 of Apple Inc (NASDAQ: AAPL).
Foxconn Technology informed that in a privately administered dormitory, an individual fight between a number of employees at approximately 11 p.m of last night heightened. As reported by Xinhua News Agency of the country, nearly 10 people were injured in the combat and almost 5,000 police were sent to the place where dispute began.
Foxconn Technology is known as the biggest manufacturer of electronic product around the plant and is the trading name of Hon Hai Precision Industry Co. Moreover, at its slumping plants in China employing almost 1 million personnel, Foxconn Technology faced some aggressive clashes. Today, delaying the increase of broader market of 0.1 percent, shares of Hon Hai Precision Industry were down by 1.03 percent.
The company has been expending a lot in latest months so to make the work environment better and to lift wages as it has also confronted allegations of weak conditions and maltreatment of employees at its operations of China.
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