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Transcripts For BLOOMBERG On The Move With Rishaad Salamat 20131223

We dont have trading in tokyo. It is the emperors birthday. John, good morning. Japan is closed or the emperors birthday today. China stocks are gaining. Apple as well and also foxconn part of that. Japan is closed. U. S. Gdp better than forecast. More details on what is happening as far as asiapacific stocks. Lets get back to our top stories. Apple finally signing a long awaited deal to get iphones sold through china mobile. Stephen engle is our china correspondent and he is in beijing. This is a long time coming. It is a pretty significant deal as well. X years six years worth of negotiation coming to fruition. Accessll give apple to access to customers on chinas biggest wireless at work. China telecom corp. The china apple have been offering since about 2009. Telecom has offered it since march of last year. The big stumbling block for apple and china mobile has been mobiles insistence to have apple make a handset that could be used on the
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Why worker housing is the key to unlocking India's manufacturing ambitions

Why worker housing is the key to unlocking India's manufacturing ambitions
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dock workers act: Labour's love lost? - The Economic Times

Hostels for 60,000 workers are being built in Tamil Nadu s Sriperumbudur as Bharat FIH and other contract manufacturers, such as Foxconn International s India unit, Pegatron, and Tata Electronics, aim to expand iPhone manufacturing in India. The rise in domestic mobile phones and electronics production in India has been fueled by the PLI scheme, resulting in $15 billion worth of exports from April to October 2023. However, the contract labor regime in India has faced worker-led disruptions and concerns of exploitation. ....

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Foxconn Withdraws from $19.5B Chip Joint Venture with India's Vedanta

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions. ....

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Foxconn Pays iPhone Builders Less than Huawei Builders as Apple Starts Diversifying Its Supply Chain

Foxconn workers who are focusing on the iPhone earn less than those building Huawei handsets. Learn more. ....

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