Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

Foxconn chief defends hiring practices after report married women rejected in India

Published 08/17/2024, 11:28 AM
Updated 08/17/2024, 11:41 AM
© Reuters. Sipcot Mega Housing Project is seen on the day of its inauguration at Sriperumbudur, Tamil Nadu, India, August 17, 2024. REUTERS/Riya Mariyam R
AAPL
-

By Praveen Paramasivam

SRIPERUMBUDUR, India (Reuters) - Foxconn's chairman on Saturday defended its hiring practices after New Delhi ordered investigations following a Reuters report that the Apple (NASDAQ:AAPL) supplier rejects married women from iPhone assembly jobs.

"Foxconn hires regardless of gender, but women make up a big part of our workforce here," Young Liu said during the opening ceremony for a hostel complex for its workers near Chennai in the southern Indian state of Tamil Nadu.

"I emphasise married women greatly contribute to the efforts of what we're doing here," he added, making his first comments since the Reuters investigation.

Liu did not take questions from media at the hostel complex that the state government says is "exclusive" to 18,720 Foxconn women workers. The multi-storey hostel buildings are located close to the iPhone-making plant.

The Reuters investigation published in June found that Foxconn systematically excluded married women from jobs at its main India iPhone assembly plant on the grounds they have more family responsibilities than their unmarried counterparts.

Foxconn acknowledged some lapses in hiring practices in 2022 and said it had worked to address the issues, but added that it "vigorously refutes allegations of employment discrimination."

The story triggered TV debates and newspaper editorials. Prime Minister Narendra Modi's federal government ordered Tamil Nadu to provide a "detailed report" on it, and his labour officials also visited the iPhone factory to question executives. New Delhi has not yet released any findings.

Foxconn told labour officials its main India iPhone factory employs 41,281 people, including 33,360 women. Of these women some 2,750, or about 8%, were married.

It did not break down the staffing figures into specific areas such as iPhone assembly, where Reuters reported the discrimination was taking place.

© Reuters. Liu Young-way, Taipei, October 18, 2023. REUTERS/Ann Wang

Foxconn in recent years has expanded in India, where it makes iPhones and products for other smartphone brands, and has plans to move into AirPods and chipmaking.

Liu has met Modi and many top Indian officials during his ongoing visit, and discussed Foxconn's investment plans.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.