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That $1,500 price tag for Google Glass Explorer Edition? Perhaps it makes a bit more sense considering that US labor will be used to manufacturer it. According to unnamed sources cited by Financial Times, the first run of production-quality Glass headsets will be built in Santa Clara, California.

1 year ago 0 Comments
March 27, 2013 at 3:41PM
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Hon Hai Precision, better known as Foxconn, is already the world's largest electronics manufacturer. Chances are if you've got a laptop, console or smartphone it was assembled in one of the company's many Chinese factories. The giant has also gotten quite cozy with Sharp, with an eye towards inves

2 years ago 0 Comments
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China Daily is claiming that Foxconn will pump $210 million into building a production line in China's Jiangsu province. Local authorities have stated that the plant in Huai'an city will produce components for Apple, no doubt heralding a raft of rampant speculation as to Cupertino's intentions. Th

2 years ago 0 Comments
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For those unaware, going at it alone in the cutthroat display business isn't exactly a recommended business approach. To wit, Sharp -- once a mainstay in the LCD industry -- has just sold an approximate 10 percent stake of itself to Taiwan's Hon Hai Group. Sharp will be issuing new shares worth $80

2 years ago 0 Comments
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We've been struggling to wrap our heads 'round this whole Foxconn imbroglio since the beginning, and while we're pretty skeptical about any official reports we'd be remiss if we didn't mention that the Human Resources and Social Security Ministry in China was looking into the thing, and that they'l

4 years ago 0 Comments
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According to Reuters, Foxconn will be raising worker wages an additional 10% from the original 20% raise announced last week. Foxconn spokesman, Arthur Huang, said that the 30% base wage increase takes effect immediately. Foxconn admits that it hopes to earn the respect of its workers and raise eff

4 years ago 0 Comments
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Chinese website Zol -- which is owned by CBS Interactive -- is reporting that Apple may be moving toward a model of paying Foxconn employees direct subsidies, in the form of small percentages of the profits from whatever product line they work on. It's also interesting to note that the report claim

4 years ago 0 Comments