thousands of employees quit biggest iphone making factory impacting shipments

The biggest iPhone making plant owned by the biggest iPhone making company Foxconn in China is located in Zhengzhou, and it’s been the scene of unrest all this week. Latent worker unhappiness escalated into protests in the past few days, and there were multiple clashes with security personnel.

Eventually, Foxconn yesterday apologized for a pay-related “technical error” that occurred after hiring the latest batch of recruits, which claimed to have been misled over compensation benefits. The company offered each protesting new recruit CNY 10,000 (about $1,400) to resign and leave the…