With a New Model Coming out, Foxconn to Raise Wages for Employees at the biggest iPhone Facility in the World

by IS_Indust

Foxconn, the major Apple supplier, is making efforts to recruit and retain employees at its iPhone factory in Zhengzhou, China, in preparation for the launch of the iPhone 15. This move demonstrates Foxconn’s commitment to continue assembling iPhones in China despite Apple’s reported attempts to diversify its manufacturing supply chain away from the country.

To attract new workers, Foxconn is offering bonuses of up to $424 (3,000 yuan) for those who remain employed for at least 90 days, along with an hourly pay of up to 21 yuan ($3). Existing factory workers have the opportunity to receive a referral bonus of 500 yuan ($71) if the referred person stays at the company for a month. Foxconn has raised worker benefits twice this month, including loyalty bonuses for new recruits who stay employed for at least three months.

The Zhengzhou plant, also known as iPhone City, is the world’s largest iPhone factory, employing over 200,000 workers and assembling around 80% of Apple’s global supply of iPhones. However, the facility faced disruptions due to China’s strict COVID-19 measures, prompting Foxconn to diversify production to countries like India and Vietnam.

Despite expanding its operations in other countries, Foxconn has emphasized its commitment to China. The company has no plans to leave its significant base in Chengdu, China, and has even opened a new global business base in Zhengzhou. These moves aim to solidify Foxconn’s presence in China while also catering to Apple’s diversification efforts in other regions.

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