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Electronics Production | May 05, 2009

Foxconn increased staff numbers in last quarter

The EMS-provider Foxconn has increased staff numbers - during the 1Q - by around 5%, as manufacturing orders for mobile phones and computers bounced back again.
As of March, Foxconn employed 511,000 staff; a considerable increase from the 486,000 recorded in December last year. However, it has to be noted that the EMS-giant had cut its workforce down by 19% during the last quarter of 2008 (ending in December), media reports suggest.

Foxconn had posted an unexpectedly sharp decline of 17% in first-quarter profit to NT$13.3 billion. (evertiq reported).

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