Hon Hai Precision Industry Co, part of Foxconn Technology Group, plans to form a joint venture with Fiat Chrysler Automobiles (FCA) to develop and produce electric vehicles in China.
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China Labor Watch recently released a 51-page report detailing the labor abuses of the US tech giant Apple and one of their main suppliers for iPhone parts, Foxconn.
Foxconn Chairman Terry Gou announced in his final official appearance as chairman at the June 20 board meeting that he will resign from his position. A nine-person operations committee will take over.