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Electronics Production | June 09, 2010

Foxconn to increase prices

Foxconn increasing prices to cover costs for rising salaries.
Taiwan based EMS provider Foxconn recently announced two pay increases for its workers to prevent them for taking suicides. Foxconn also has to raise its prices to cover the added cost of increasing salaries. All of the added cost is likely to be passed on to consumers by Foxconn's customers, The Inquirer reported.

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