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Global Capital, the State, and Chinese Workers: the Foxconn Experience
MCX38410.1177/0097700 447164412447164Pun and ChanModern China © 2012 SAGE Publications Reprints and permission: sagepub.com/journalsPermissions.nav Articles Modern China 38(4) 383 –410 Global Capital, the State, © 2012 SAGE Publications Reprints and permission: and Chinese Workers: sagepub.com/journalsPermissions.nav DOI: 10.1177/0097700412447164 The Foxconn Experience http://mcx.sagepub.com Pun Ngai1 and Jenny Chan2 Abstract In 2010, a startling 18 young migrant workers attempted suicide at Foxconn Technology Group production facilities in China. This article looks into the development of the Foxconn Corporation to understand the advent of capi- tal expansion and its impact on frontline workers’ lives in China. It also pro- vides an account of how the state facilitates Foxconn’s production expansion as a form of monopoly capital. Foxconn stands out as a new phenomenon of capital expansion because of the incomparable speed and scale of its capital accumulation in all regions of China. This article explores how the workers at Foxconn, the world’s largest electronics manufacturer, have been subjected to work pressure and desperation that might lead to suicides on the one hand but also open up daily and collective resistance on the other hand. Keywords global capital, Chinese state, student workers, rural migrant workers, Foxconn Technology Group When Time magazine nominated workers in China as the runners-up for the 2009 Person of the Year, the editor commented that Chinese workers have brightened the future of humanity by “leading the world to economic 1Hong Kong Polytechnic University, Kowloon, Hong Kong 2Royal Holloway, University of London, Surrey, UK Corresponding Author: Pun Ngai, Department of Applied Social Sciences, Hong Kong Polytechnic University, Kowloon, Hong Kong Email: [email protected] 384 Modern China 38(4) recovery” (Time, Dec. -
Taiwan After the Election
ANALYSIS CHINA TAIWAN AFTER THE ELECTION Introduction ABOUT by François Godement The Chinese have long been obsessed with strategic culture, power balances and geopolitical shifts. Academic institutions, think tanks, journals Taiwan is important as an unresolved issue. It is also the and web-based debate are growing in number and European Union’s fifth-largest trade partner in Asia and a quality and give China’s foreign policy breadth and source of major investment abroad. For years, Europe has depth. had a very simple two-sided declaratory policy – no use of China Analysis, which is published in both French force and no independence – that has been likened to a “one and English, introduces European audiences to China” policy. Under that mantle, relations have expanded, these debates inside China’s expert and think-tank including a visa-free policy of greeting Taiwanese tourists world and helps the European policy community and businessmen. For these reasons, Europe’s approach understand how China’s leadership thinks appears now stationary. During his first term in the past about domestic and foreign policy issues. While freedom of expression and information remain five years, President Ma Ying-jeou has greatly stabilised restricted in China’s media, these published political cross-strait relations, helped by China’s decision to sources and debates provide an important way of be patient. Taiwan has collected the economic profits and understanding emerging trends within China. also opened itself to visitors from the mainland for the first time since 1949. Each issue of China Analysis focuses on a specific theme and draws mainly on Chinese mainland sources. -
Chapter 2 Hon Hai/Foxconn: Which Way Forward ?
Chapter 2 Hon Hai/Foxconn: which way forward ? Gijsbert van Liemt 1 1. Introduction Hon Hai/Foxconn, the world's leading contract manufacturer, assembles consumer electronics products for well-known brand-names. It is also a supplier of parts and components and has strategic alliances with many other such suppliers. Despite its size (over a million employees; ranked 32 in the Fortune Global 500) and client base (Apple, HP, Sony, Nokia), remarkably little information is publicly available on the company. The company does not seek the limelight, a trait that it shares with many others operating in this industry. Quoted on the Taiwan stock exchange, Hon Hai Precision Industry (HHPI) functions as an ‘anchor company’ for a conglomerate of companies. 2 As the case may be, HHPI is the sole, the majority or a minority shareholder in these companies and has full, partial or no control at all. Many subsidiaries use the trade name Foxconn and that is why this chapter refers to the company as Hon Hai/Foxconn. Among its many subsidiaries and affiliates are Ambit Microsystems, Cybermart, FIH Mobile, Fu Taihua Industrial, Hong Fujin Precision and Premier Image. After a near hundredfold increase in sales in the first decade of this century Hon Hai/Foxconn's sales growth slowed down drastically. The company is facing several challenges: slowing demand growth in its core (electronics) business; a weakening link with Apple, its main customer; rising labour costs and a more assertive labour force in China, its main production location; and pressure from its shareholders. 1. Copyright 2015 Gijsbert van Liemt. -
Managing Electronic Manufacturing Service (EMS) – Terry Gou and the Making of Foxconn
Kindai Management Review Vol. 4, 2016 (ISSN: 2186-6961) Managing Electronic Manufacturing Service (EMS) – Terry Gou and the Making of Foxconn Ho-Don Yan Feng Chia University, Taiwan Abstract To explain how Foxconn has become the global number one provider of electronic manufacturing service (EMS), this paper incorporates three main driving forces—entrepreneurship, strategic management, and leadership—to study how they contribute towards opportunity discovery, capa- bility accumulation, and firm transformation. By dividing the growth path of Foxconn into four stages, including initiation, expansion, maturity, and diversification, we examine how at each stage these three driving forces help in the making of Foxconn. We conclude that high and fast growth is no guarantee for firm endurance. The limitation of expansion in the EMS industry and impend- ing succession problem pose challenges for the longevity of Foxconn. Keywords: strategic management, dynamic capability, entrepreneurship, leadership, mergers and acquisitions, competitive advantage equipment manufacturing (OEM) (Hobday, 2001), INTRODUCTION one of the forms of EMS. Many small and medium The making of Foxconn Group (known as Hon Hai sized enterprises (SMEs) in Taiwan have succeeded in Taiwan) is associated with the prevalence of in collaborating with MNCs to improve their pro- electronics manufacturing service (EMS), which is ductivity and to benefit from fast growth (Krywulak used by firms that design, test, manufacture, dis- and Kukushkin, 2009). tribute, and provide repair services for electronics With a humble start at making plastic TV knobs components and assemblies for global brands of in 1974, Foxconn transformed itself in the 1990s multinational corporations (MNCs) (Lüthje, 2002; into producing connectors and entered the personal Zhai et al., 2007). -
Studies on Ethnic Groups in China
Kolas&Thowsen, Margins 1/4/05 4:10 PM Page i studies on ethnic groups in china Stevan Harrell, Editor Kolas&Thowsen, Margins 1/4/05 4:10 PM Page ii studies on ethnic groups in china Cultural Encounters on China’s Ethnic Frontiers Edited by Stevan Harrell Guest People: Hakka Identity in China and Abroad Edited by Nicole Constable Familiar Strangers: A History of Muslims in Northwest China Jonathan N. Lipman Lessons in Being Chinese: Minority Education and Ethnic Identity in Southwest China Mette Halskov Hansen Manchus and Han: Ethnic Relations and Political Power in Late Qing and Early Republican China, 1861–1928 Edward J. M. Rhoads Ways of Being Ethnic in Southwest China Stevan Harrell Governing China’s Multiethnic Frontiers Edited by Morris Rossabi On the Margins of Tibet: Cultural Survival on the Sino-Tibetan Frontier Åshild Kolås and Monika P. Thowsen Kolas&Thowsen, Margins 1/4/05 4:10 PM Page iii ON THE MARGINS OF TIBET Cultural Survival on the Sino-Tibetan Frontier Åshild Kolås and Monika P. Thowsen UNIVERSITY OF WASHINGTON PRESS Seattle and London Kolas&Thowsen, Margins 1/7/05 12:47 PM Page iv this publication was supported in part by the donald r. ellegood international publications endowment. Copyright © 2005 by the University of Washington Press Printed in United States of America Designed by Pamela Canell 12 11 10 09 08 07 06 05 5 4 3 2 1 All rights reserved. No part of this publication may be repro- duced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any infor- mation storage or retrieval system, without permission in writ- ing from the publisher. -
Annual Report 2016
Stock Code 2317 HON HAI PRECISION INDUSTRY CO., LTD. Annual Report 2016 Annual Report Website Market Observation Post System: http://mops.twse.com.tw Company Website: http://www.foxconn.com Printing Date: April 30, 2017 WorldReginfo - b004c4be-1d77-487b-bffb-fe5eec65267e THIS IS A TRANSLATION OF THE 2016 ANNUAL REPORT (THE “ANNUAL REPORT”) OF HON HAI PRECISION INDUSTRY CO., LTD. (THE “COMPANY”). THIS TRANSLATION IS INTENDED FOR REFERENCE ONLY AND NOTHING ELSE, THE COMPANY HEREBY DISCLAIMS ANY AND ALL LIABILITIES WHATSOEVER FOR THE TRANSLATION. THE CHINESE TEXT OF THE ANNUAL REPORT SHALL GOVERN ANY AND ALL MATTERS RELATED TO THE INTERPRETATION OF THE SUBJECT MATTER STATED HEREIN. WorldReginfo - b004c4be-1d77-487b-bffb-fe5eec65267e I. Spokesperson: Deputy Spokesperson: Name: Simon Hsing Name: Wenmin Chu Title: Spokesperson Title: Director of Public Relations Office Tel: (02)2268-3466#3629 Tel: (02)2268-3466#3869 E-mail:[email protected] II. Contact Information of the Head Office, Branch Offices and Factories Head office Add: No. 66, Zhongshan Road, Tucheng Industrial Zone, Tucheng District, New Taipei City Tel: (02)2268-3466 Hsinchu Science Park Branch Office Add: 5F-1, No. 5, Hsin-an Road, Hsinchu Science and Industrial Park, East Area, Hsinchu City Tel: (03)578-4975 California (US) Branch Office Add: 288 S. Mayo Ave City of Industry, CA 91789 U.S.A. Tel: 1-714-680-2066 Huyue Factory Add: No. 2, Zihyou Street, Tucheng Industrial Zone, Tucheng District, New Taipei City Tel: (02)2268-3466 Minsheng Factory Add: No. 4-1, Minsheng Road, Tucheng Industrial Zone, Tucheng District, New Taipei City Tel: (02)2267-6511 Dingpu No. -
Notice Regarding the Issuance of New Shares Through Third-Party
February 25, 2016 [Translation] Company Name: Sharp Corporation Representative: Kozo Takahashi President & Chief Executive Officer (Code No. 6753) Notice regarding the issuance of new shares through third-party allotments, and change of parent company, the largest shareholder who is a major shareholder, and major shareholders Sharp Corporation (“Sharp”) has adopted a resolution for an item below, at its meeting of the Board of Directors held today (the “Board Meeting”), as follows: Sharp shall issue new shares (common shares and Class C Shares) through third-party allotment (the “Capital Increase Through Third-Party Allotment), in which the allottees are Hon Hai Precision Industry Co., Ltd. (“Hon Hai Precision Industry”), Foxconn (Far East) Limited, a wholly-owned subsidiary of Hon Hai Precision Industry (“Foxconn FE”), Foxconn Technology Pte. Ltd. (“Foxconn Technology”), and SIO International Holdings Limited (“SIO”; together with Hon Hai Precision Industry, Foxconn FE, and Foxconn Technology, collectively the “Planned Allottees”). In addition, we also hereby announce the expected change of the parent company, the largest shareholder, who is a major shareholder, and of major shareholders of Sharp, which will occur as a result of the Capital Increase Through Third-Party Allotment. I. Issuance of new shares by third-party allotment 1. Overview of offering (1) Common shares (i) Payment period From June 28, 2016 (Tue.) to September 5, 2016 (Mon.) (ii) Number of new shares to 3,281,950,697 shares be issued (iii) Issued price 118 yen per share (iv) Amount of procurement 387,270,182,246 yen fund (v) Offering or allotment Allotted by means of third-party allotment: method (planned To Hon Hai Precision Industry 1,300,000,000 shares allottees) To Foxconn FE 915,550,697 shares To Foxconn Technology 646,400,000 shares To SIO 420,000,000 shares Attention: This press release is not an offer to sell or a solicitation of an offer to buy any securities. -
Comparative Connections
Pacific Forum CSIS Comparative Connections A Triannual E-Journal on East Asian Bilateral Relations edited by Carl Baker Brad Glosserman May – August 2014 Vol. 16, No.2 September 2014 http://csis.org/program/comparative-connections Pacific Forum CSIS Based in Honolulu, Hawaii, the Pacific Forum CSIS operates as the autonomous Asia- Pacific arm of the Center for Strategic and International Studies in Washington, D.C. Founded in 1975, the thrust of the Forum’s work is to help develop cooperative policies in the Asia- Pacific region through debate and analyses undertaken with the region’s leaders in the academic, government, and corporate arenas. The Forum’s programs encompass current and emerging political, security, economic/business, and oceans policy issues. It collaborates with a network of more than 30 research institutes around the Pacific Rim, drawing on Asian perspectives and disseminating its projects’ findings and recommendations to opinion leaders, governments, and publics throughout the region. An international Board of Governors guides the Pacific Forum’s work. The Forum is funded by grants from foundations, corporations, individuals, and governments, the latter providing a small percentage of the forum’s annual budget. The Forum’s studies are objective and nonpartisan and it does not engage in classified or proprietary work. Comparative Connections A Triannual E-Journal on East Asian Bilateral Relations Edited by Carl Baker and Brad Glosserman Volume 16, Number 2 May – August 2014 Honolulu, Hawaii September 2014 Comparative Connections A Triannual Electronic Journal on East Asian Bilateral Relations Bilateral relationships in East Asia have long been important to regional peace and stability, but in the post-Cold War environment, these relationships have taken on a new strategic rationale as countries pursue multiple ties, beyond those with the US, to realize complex political, economic, and security interests. -
Foxconn Company Profile
Foxconn Company Profile Prepared by the Legislative Reference Bureau An Overview of the Foxconn Technology Group and Plans for Wisconsin Operations April 2018 Report by the Legislative Reference Bureau reviewing the history, financials and global operations of the Foxconn Technology Group, and its plans for development in Wisconsin. This page intentionally left blank. FOXCONN COMPANY PROFILE City of Milwaukee, Wisconsin April 2018 Prepared by: John Ledvina, Fiscal Planning Specialist Teodros Medhin, Legislative Research Supervisor Tea Norfolk, Legislative Fiscal Analyst Lead Dana Zelazny, Legislative Fiscal Analyst Lead Legislative Reference Bureau City of Milwaukee Room 307, City Hall 200 E. Wells Sreet Milwaukee, WI 53202 www.milwaukee.gov/lrb Foxconn Company Profile 2018 This page intentionally left blank. Foxconn Company Profile 2018 TABLE OF CONTENTS I. HISTORICAL OVERVIEW ..............................................................................1 II. CORPORATE STRUCTURE AND FINANCES ...............................................4 III. GLOBAL OPERATIONAL ISSUES AND PROBLEMS ....................................8 A. Working Conditions ....................................................................................8 B. Worker Safety ............................................................................................13 C. Suicides .....................................................................................................14 D. Environmental Record ...............................................................................15 -
Uber Retreats in Global Fight, Adds Benefits for U.K. Drivers
P2JW076000-6-A00100-17FFFF5178F ****** WEDNESDAY,MARCH 17,2021~VOL. CCLXXVII NO.62 WSJ.com HHHH $4.00 DJIA 32825.95 g 127.51 0.4% NASDAQ 13471.57 À 0.1% STOXX 600 426.82 À 0.9% 10-YR. TREAS. g 4/32 , yield 1.622% OIL $64.80 g $0.59 GOLD $1,730.60 À $1.70 EURO $1.1905 YEN 109.00 On TokyoTrip,Secretary of StateWarns China to Rein Itself In U.S. Eyes What’s News Tougher Stance Business&Finance On Drug he FTC is preparing to Ttake aharder line on drug- companymergers,outlining Mergers plans to overhaul itsprocess for reviewing deals that could harm competition in the FTC wants to rethink pharmaceutical industry. A1 how pharmaceutical Uber said it would grant deals could hamper itsU.K.driversanemploy- ment status entitling industry competition them to vacation payand pension contributions. A1 BY BRENT KENDALL Google said it would cut AND JARED S. HOPKINS the service fee it collects on the first $1 million de- WASHINGTON—TheFederal velopers earn from its app Trade Commission is prepar- store to 15% from 30%. A1 OL ing to take aharder line on PO S drug-company mergers,out- Purdue Pharma’sowners lining plans Tuesday to over- agreed to payroughly $4.28 haul howitreviewsdeals that billion, alargersum than could harm competition in the previouslypromised, to re- pharmaceutical industry. solvelawsuitsstemming UNG-HOON/PRES KY Theinitiative, spurred by from the opioid epidemic. B1 the FTC’sacting Democratic KIM FirstEnergy reached a STERN TALK:Fromleft, U.S. DefenseSecretary Lloyd Austin, Secretary of State AntonyBlinken, Japan’sDefenseMinister chairwoman,Rebecca Kelly deal with Icahn that would Nobuo Kishi and Foreign MinisterToshimitsu Motegi afteranewsconferenceinTokyo on Tuesday. -
Foxconn to Give Chinese Workers Another Pay Raise 6 June 2010
Foxconn to give Chinese workers another pay raise 6 June 2010 (AP) -- Foxconn workers in China will get another southern China this year, mainly workers who pay raise in coming months, on top of an increase jumped from buildings. A Foxconn worker in that just took effect in response to recent worker northern China also committed suicide this year. suicides, the company said Sunday. The company, part of Taiwan's Hon Hai Precision Taiwan-based Foxconn Technology Group said Industry Co., is the world's largest contract maker salaries would be raised in October to 2,000 yuan of electronics. Its big-name customers include (US$293) for workers at its plant in the southern Apple Inc., Sony Corp., Dell Inc., Nokia Corp. and Chinese city of Shenzhen. Workers elsewhere in Hewlett-Packard Co. China will get raises in July adjusted for local conditions, the statement said. In late May, Foxconn Chairman Terry Gou led a media tour of the company's mammoth industrial Less than a week ago, the maker of iPads, park in Shenzhen and promised to work harder to iPhones and other electronic gadgets for prevent more deaths. international companies had raised workers' pay by 30 percent at its plants across China. Safety nets were being installed on buildings and more counselors were being hired. Employees also The basic salary at Foxconn's China plants was were being assigned to 50-person groups, to watch about 900 yuan ($130) per month before the 30 one another for signs of emotional trouble. percent raise, and new recruits are paid 1,200 yuan ($176) per month. -
Nationalism, Alliances, and Geopolitics: US-China-Taiwan Ties Under Trump and Xi
Nationalism, Alliances, and Geopolitics: US-China-Taiwan Ties under Trump and Xi Vincent Wei-cheng Wang Professor of Political Science and Dean of College of Arts and Sciences Adelphi University Paper prepared for delivery at The American Political Science Association Annual Conference, Washington D.C. August 29 - September 1, 2019 (This paper is based on Vincent Wei-cheng Wang, “Taiwanese Perspective,” National Commentaries, The ASAN Forum (July 3, 2019). Repost with permission.) 1 2019 marks the 40th anniversary of the founding of diplomatic relations between the United States and the People’s Republic of China and the establishment of a legal framework (under the Taiwan Relations Act) to manage the unofficial relations between the U.S. and Taiwan. Both of these enduring frameworks face new challenges at systemic, interstate, and individual levels. The election of Donald Trump, who campaigned on “making America great again,” as the U.S. president and the consolidation of power as China’s leader without term limits by Xi Jinping, who is committed to bring about “national rejuvenation,” propelled populist nationalism to the forefront of each country’s foreign policy and introduced volatility and unpredictability. While the two powers are jockeying for global leadership under the guise of “trade war,” concerns arise over whether a “transactionalist” president might play the “Taiwan card” to extract concessions from China. Beijing claims Taiwan as a “core interest” that it is willing to defend with force. Xi equated the recovery of the island with “national rejuvenation” in his speech marking the 40th anniversary of “Letter to Taiwan Compatriots,” which inaugurated China’s peaceful unification campaign.