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- Friday, February 17, 4:40 PM The Fair Labor Association's inspection of Apple (AAPL) contract manufacturer Foxconn's facilities has turned up "tons of issues," reports Bloomberg, following a talk with FLA head Auret van Heerden. Van Heerden adds there will be "some very significant announcements in the near future" related to the FLA's findings. (earlier)
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This news story has 16 comments:
Not that any poor labor practices are acceptable, do you have any idea of the alternatives the workers face? Many are women from the countryside who have no value on the farm. Without these jobs they would be turned out to fend for themselves, many ending up as roadside prostitutes or worse. China is changing but very slowly. We need to have some perspective of the full breadth of their societal ills before passing absolute judgements.
I'll be even more bullish from now on.
This is a hit job on low hanging fruit, because Apple is more idealistic than most companies. Why don't they go after Brazilian mining companies? Because they would be shot and the police would look the other way. What about practices in Africa, where Africans enthusiastically enslave other Africans? Vietnam anybody? Burma?
Gimme a break. Sell your stock immediately when the market opens, so I can add more to my portfolio.
Now it is Apple's turn.
If consumer's have problems with how goods are made, then don't buy them. It is a very simple action to take.
If you don't believe in a company, then don't buy the stock.
I remain long Apple.
Do consumers really care about working conditions in a Chinese top of the line factory that pays well above the minimum wage..?
I've visited China and taken a good look around and seen what -real- hard labour is (its way tougher than most westerners would imagine) and Foxconn's factory looks lightyears ahead of anything I've seen in China.
Sure it could be a nicer place to work (I think they might be loosing something on the human front that wouldnt cost alot financially, but thats purely speculation on my behalf..) but comparative to the other options in China its a far safer and better payer.
Would I rather not work 60-80 hours a week in the West?
Sure, am I about to commit suicide about it? No
Did working in several drudgery jobs in my youth encourage me to get an education and a career? It sure did.
Given the far worse problems of health and safety in wider manufacturing generally is this really big news...?
I used to work as a manufacturing engineer in Australia, where fatal accidents were far from uncommon (heck, I was working at times at 50+ fts heights without any safety myself, not exactly safe-practice either); witnessed workers regularly exposed to toxic chemicals and had a uni colleague leave North Sea Oil-rigs as "your numbers going to come up one day...", and witnessed some pretty awful practices in 2 big name chemical companies (one of whom since had a rather nasty oil spill...).
My point is simply this - manufacturing is often nasty, risky and monotonous. It involves chemicals, high-voltages, temperatures and large machines you wouldnt want anywhere near your house (often with good reason).
Process work at its best is dull, boring monotony; and at its worst can be dangerous to life and limb (even using the best machinery, people just do dumb things for expediency).
Look at that advert showing typical Chinese manufacturing press next time, where the guy moves his hand just before activating the press - guys loose their arms (or worse) regularly in that sort of safety-less manufacturing...
Foxconn by focussing in high-tech and reasonably safety makes it at least unlikely to accidentally die there..
Do you want to pay $50-100 extra for Apple iPads to turn a safe, well-paying company into a "workers paradise" - in whats a far worse swamp of indescribably worse practices..??
Thank you! +1+1+1+1.................
Ultimately Apple shouldn't support a facility that has suicide problems regardless of whether they pay their people a couple of bucks more a year. You never need that kind of bad press.
My ultimate point was that you could make those IPads in a north american facility and the units would only be slightly less profitable. The argument holds true with electronics, textiles, cars, you name it. Pick any market where you can buy a starter home for under $70K and it could be successfully made there. And yes, there are tons of those markets now.