Foxconn denies receiving Apple labor cost subsidy, says report

National Business Daily, July 16; Joseph Tsai, DIGITIMES Asia Friday 16 July 2010 0

An executive from the Foxconn Group has denied a recent rumor circulating in China's IT market that Apple is paying Foxconn a 2% subsidy on its labor costs as compensation for the company's recent increases in minimum wages, according to a Chinese-language...

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