How about Foxconn in Jiashan? Is it true that hourly wages are 300 per day?

It’s true, but hourly employment is very unstable. Jiashan Foxconn mainly makes casings for mobile phones, computers, and electronic products. The Foxconn Jiashan project is divided into two companies, Qunchang invested by Innolux Business Group and Fuding invested by Hongchao Quasi Business Group. Qunchang produces LCD monitors and Fuding produces Apple computer accessories.

On March 1, 2008, Foxconn Technology Group President Terry Gou appeared in Jiashan, a small county in Zhejiang, and personally attended the groundbreaking ceremony of the Foxconn Jiashan Technology Park.

“Foxconn’s investment in Jiashan is not just to build a few factories, but to combine local realities, highlight local characteristics, and seek to achieve coordination between industry and agriculture, technology and environmental protection, and culture and innovation. Development ideals and goals," the world-renowned entrepreneur said at the ceremony.

Now, ten years have passed. At the Zhejiang Fair held in June this year, another news came - Foxconn will increase its investment in Jiashan by 1.92 billion yuan (US$300 million) to expand production. .

“The capital increase is to further expand and strengthen the Jiashan industrial chain and accelerate the industrial transformation and upgrading of Jiashan Park.” said a person in charge of Foxconn Jiashan Science and Technology Park. He revealed that the project is currently under review and approval and is expected to start production in the first quarter of next year. He is confident about the future.