Tuesday, May 25, 2010

Foxconn brings forward mass production schedule at Chongqing plant

Foxconn Electronics (Hon Hai Precision Industry) recently started mass production at its plant in Chongqing, China, earlier than the company's original schedule of September 2010, according to sources from notebook players. The sources believe the action is related to the news that Foxconn has received notebook orders from Hewlett-Packard (HP) for 2011.

In addition to notebooks, the new Chongqing production site is expected to also produce telecommunication, LED and solar energy products as well as developing software.

The site currently has over 2,800 employees and the number is expected to reach around 10,000 by the end of 2010. Meanwhile, around 30 of Foxconn's notebook component suppliers are preparing to establish new plants in Chongqing, helping Foxconn to achieve its goal of having 30% of its component supplies sourced from local factories by the end of 2010, the sources noted.

For the future, Foxconn also plans to build hospitals, restaurants, gyms and shopping arcades at the site, and will sign contracts with local schools to provide scholarships, the sources added.

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