As part of a pledge to comply with Chinese law and the Fair Labor Association's standards, Apple...

|About: Apple Inc. (AAPL)|By:, SA News Editor

As part of a pledge to comply with Chinese law and the Fair Labor Association's standards, Apple (AAPL) and Foxconn forge an agreement in which the latter will hire tens of thousands of workers, halt illegal overtime, improve safety and upgrade workers' housing. The deal could have far-reaching effects for the rest of the sector.