“Hon Hai Group, also known as Foxconn Technology Group, has started recruiting new workers for its Shenzhen production complex, one of the sites where it assembles iPhones and iPads for Apple Inc., sources in the Apple supply chain said Saturday,” CNA reports. “The sources said Hon Hai, the world’s largest contract electronics maker, needs additional staff to deal with large orders from Apple for a new version of the iPhone. The company will require as many as 90,000 new employees at its Shenzhen complex in Guangdong Province to fill the massive orders from Apple, the sources said.”
CNA reports, “Hon Hai has completed testing for the assembly of the new iPhone and is well prepared to begin production, according to the source… Apart from Shenzhen, Hon Hai’s production plants for Apple products are located in other Chinese cities such as Zhengzhou in Henan Province, Taiyuan in Shanxi Province, and Chengdu in Sichuan Province. Earlier this month, the Chinese media reported the Hon Hai’s Zhengzhou plant, which makes iPhones and iPads, had launched a recruitment drive.”
“Market analysts said Apple orders are expected to account for about 40 percent of Hon Hai’s total sales for 2013, and 20-25 percent of the Taiwanese company’s revenue for the year,” CNA reports. “Driven by the launch of new iPhones and iPads, Hon Hai’s sales growth momentum is expected to accelerate in the second half of this year and become more evident in the fourth quarter due to the peak season effects, analysts said.”
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