Ah, capitalism. It looks like the value of manufacturing in China is slowly going down as companies like Foxconn are forced to treat employees like human beings. What does that mean? It means your next iPhone will be a bit pricier.
Retuers reports that Hon Hai aka Foxconn’s sales are up 30 percent but that it will “seek higher prices from clients” to offset the cost of paying a living wage and ensuring no one else commits suicide at their factories.