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PairOpen t1_iucsymo wrote

And Foxconn is a Taiwanese co.

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Phytanic t1_iud7cl8 wrote

Dude fuck Foxconn. all those worker suicides, and their general treatment towards the workers is despicable.

Also fuck Scott walker for being swindled out of 10 billion dollars by Foxconn, who was supposed to make a factory here in WI nearly a decade ago.

EDIT: Apparently we managed to get it reduced to merely 8 million dollars now, so that's nice

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[deleted] t1_iucun6h wrote

[deleted]

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KimCureAll OP t1_iucv7d3 wrote

So what does it mean for Foxconn that owns it? Probably on the books they own it, but it seems the Taiwanese owners have little say over workers' rights, policy, etc.

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WordWord-1234 t1_iud8epa wrote

Too little say over workers right but too much say over profits. Why don't you save those innocent taiwanese owners and let me suffer this horrible powerless situation?

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illusionmist t1_iudyv5b wrote

Which is run by local Chinese and has to abide by PRC law and policy, aka “COVID-zero” with endless PCR tests and keeping the workers in lockdown. Good thing they’re one of the companies working on moving out of China.

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KimCureAll OP t1_iuctlwr wrote

I have often wondered how that business deal is going. I can't imagine smoothly, even before covid. Are all the employees Chinese in that location? Does Taiwan actually make any money with that factory or do Chinese officials rake in all the profits?

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ConohaConcordia t1_iudpu0l wrote

It works the same way American factories overseas does: they abide to local laws, but other than that they set their own rules and extract their profits for the owners.

Foxconn has no choice but to enforce a zero-Covid policy, but they had plenty of choices to not treat their workers in a shitty way, and they had plenty of choice to not house every employee on campus and restrict their movements.

Don’t know why people think everything works differently when it comes to China.

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Modal_Window t1_iug47qk wrote

That's kind of wild when you think about it.. I know these places are so huge with over 100,000 workers that they basically are company towns. But still, to be told that you may never leave the realm of Wal-Mart or something is just something else.

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happyscrappy t1_iueabb6 wrote

When a new plant opens virtually all the laborers will be Chinese. Some of the low-level management may be Taiwanese. Higher level management is Taiwanese.

The Taiwanese low-level management and laborers are there to teach the new laborers and managers how to do it. And over time they leave and are replaced with Chinese.

So in a "mature" factory all the laborers and low-level management will be Chinese. And the upper management will be Taiwanese.

Yes, profits flow to Taiwan. Obviously a lot of the money generated stays in China as it goes into taxes, workers pockets or to suppliers who tend to be local.

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