At most, the cumulative wage increases could crimp the profits of major technology companies. Manufacturers have a bigger worry in finding ways to save money on the parts that power the devices. Nonetheless, assembly costs are likely to escalate because of Foxconn Technology Group, which assembles an estimated 40 percent Foxconn,...
<A HREF="http://www.washingtonpost.com/business/technology/pledge-by-apples-iphone-manufacturer-in-china-likely-to-trigger-new-round-of-wage-hikes/2012/03/30/gIQADkUAmS_story.html">Read More</A>