This year’s iPhone refresh could be the super cycle Apple’s been waiting for — and manufacturer Foxconn is taking steps accordingly.
As per a new report, the manufacturing giant, which employs around 1 million people in China alone, is ramping up its hiring for people willing to work on the iPhone production line. And it’s offering incentives to help with the recruitment drive!
To land people to work on the iPhone production line in its Zhengzhou, China plants, Apple is offering a one-off bonus of up to CNY2,000 ($295) for workers renewing their contracts with the manufacturer. Since Foxconn workers make up to $400 per month for working on the factory floor, the equivalent of three weeks’ salary is nothing to sniff at.
Foxconn recruiting large numbers of people to work on the iPhone production line is nothing new. In previous years, Foxconn has hired tens of thousands of extra employees at its factories in order to meet demand for Apple’s handsets. That’s in addition to the focus the company places on introducing robots into its production line.
Despite its massive hiring spree, Foxconn is supposedly focusing on stricter cost management this year. That’s as the result of higher-than-usual production costs for the iPhone X, which resulted in weaker-than-expected profits for the company last year. Apple has also been focused on finding new ways to save itself money, which involves paying its manufacturers less by taking charge of the ordering process.
Foxconn’s hiring spree is set to last until late 2018.
Source: Digitimes
