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Business Maverick: Foxconn offers $1,800 bonus to workers who stay in iPhone City

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Apple partner Foxconn is offering bonuses of as much as $1,800 to existing workers at its Zhengzhou facility, hoping to sustain the staff levels it needs to run the world’s largest iPhone factory.

The unusually generous bonus reflects Foxconn’s urgent need to get assembly lines back up to full speed after a month of dealing with Covid curbs and disruptions that culminated in unrest last week. The Zhengzhou campus, which normally houses upwards of 200,000 staff, is where the vast majority of Apple’s iPhone Pro models are assembled. More than 20,000 new hires are reported to have left after the protests.

Apple has said it’s working closely with Foxconn to restore operations and both companies have expressed a commitment to ensuring worker safety. The iPhone 14 Pro and Pro Max are Apple’s most in-demand handsets this year, offsetting slumping sales for its regular iPhone 14 editions. The Foxconn situation serves up another reminder of the dangers for Apple of relying on a vast production machine centred on China at a time of unpredictable policy and

 

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