Submission + - Foxconn to close factories in China (techworld.com)
ChiefMonkeyGrinder writes: Foxconn, the manufacturer whose clients include Apple, Dell and HP, is on the verge of pulling out of China, after a spate of suicides. The CEO has accused workers of killing themselves for financial compensation, and the company has stopped suicide payments to suicide victims' families. Foxconn CEO also told investors that it is considering moving its production operations to Taiwan, and automating many parts of its business, in a move which could see 800,000 workers lose their jobs.