While some suppliers are planning job cuts due to slower than anticipated iPhone sales, Sharp is laying off some 3,000 foreign workers as production is transferred to a manufacturing plant in China. Sharp was purchased by Foxconn in 2016.
A report from Reuters reveals that the workers impacted by the change are based in Japan and the decision comes after a Foxconn facility is overtaking the production of sensors being used on iPhones.
Specifics aren’t available at this point, and Foxconn has refused to comment on the possible relocation. It’s being speculated that Foxconn was planning to move production of facial recognition sensors used on iPhones to Chinese plants, though details as to the reasons for the change weren’t offered.
It’s believed, however, that reduced manufacturing costs could be a key factor for this … (read more)
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