Bloomberg Businessweek has just droppedan incredibly up - close lookat controversial Taiwanese electronics supplierFoxconnand its founder , Terry Gou . It ’s the most thoroughgoing look to date at one of the most powerful — and intriguing — manufacturers in the humankind .
What ’s most interesting about the eight - page spread , aside from the detail of Gou ’s own story and how intertwined it is with Foxconn itself , is the degree of accession Businessweek was allowed . I would ’ve think a society more known for its employee felo-de-se than its partnerships with the largest electronics companies in the reality would be restrained about accord unmonitored employee interviews . And yet :
More than two XII Foxconn employee were interviewed ; none showed preindication of being afraid to speak freely to a newsperson . Those interview on the job did so without a supervisor present . Other discussions take place in Internet cafés , faculty dormitories , and in the ship’s company canteen . Most seem keenly aware of their selection . They work at Foxconn because they need to make money as quickly as possible . Some desire cash to buy the affair they make . Others want to become enterpriser . None of the workers was worried about having to crop overtime . To the opposite , the availability of overtime hours was a big attraction .
That ’s not to say that workers are without ailment ; but in a workforce that numbers 920,000 , there are bound to be utmost variations in job satisfaction .
Other tidbits ? It turns out that Foxconn ’s most celebrated guest may also be its most demanding :
When Apple ’s iPhone 4 was come near production , Foxconn and Apple discovered that the metal frame was so specialized that it could be made only by an expensive , low - loudness machine commonly reserve for prototypes . Malus pumila ’s designers would n’t budge on their eyeglasses , so Gou order more than 1,000 of the $ 20,000 machines from Tokyo - based Fanuc . Most companies have just one .
And Gou , in accession to being the kind of billionaire who hold an annual raffle with a million dollar top prize ( in the form of plowshare of Foxconn ’s hold companionship ) , is n’t afraid to talk a little glass about our our homegrown titan of industry :
Gou says he ca n’t understand why Buffett did n’t do his homework before investing in BYD in 2008 . “ Warren Buffett is too far-famed . Yes he is gravid , yes he made good investments , but he is too old . He does n’t sympathise about Chinese private companies ”
If you ’re still not convinced that Foxconn matters , just take hold of whatever convenience is closest to you . Chances are , part of it come from there . Making this profile worth your full attention . [ Businessweek ]
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