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by dextorious 5262 days ago
"""Oprah has practically become a saint, for opening a school that graduates ~100 students a year. Foxconn provides hundreds of thousands of migrant workers with the money they need to send their kids to school, and they are practically the devil incarnate. It's complicated."""

How good of Foxconn. If only they didn't make ten times the money or more off of each migrant worker while forcing him to work in shitty conditions capitalizing on the fact that they are kind of the only game in town and/or have agreements with fellow factory owners to keep the wages down/conditions bad...

1 comments

Foxconn - revenue $59.3 billion, profits $2.2 billion (2010). They can't really afford to raise their costs that much. OK, a large part of their revenue might be components, but even then, they aren't exactly rolling in cash.