Foxconn's Hon Hai Precision Industry posted a 19.2 percent year-over-year decline in revenue for the first quarter, with sales likely affected by weak demand for Apple's iPhone 5, according to an analyst.
Taiwan's Foxconn Technology Group said it was still negotiating a deal for greater cooperation with Sharp, despite the Japanese display maker securing a $110 million investment to supply LCD panels to rival Samsung Electronics.
Foxconn and Samsung are trying to balance demands from workers and their electronics company clients. Both companies plan to bring down workers' overtime at their factories to within China's legal limits.
A company worker claims that there are cases of students being required to work at Foxconn in order to graduate.
Apple and Foxconn granted an exclusive look to the journalist who exposed a misleading report into the working conditions at Apple's factories.
Attention comes with the territory for the wildly successful consumer electronics maker, but the episode also shows the dangers of when you hit too high and miss.
The new global balance that’s taking shape will be far-reaching among consumers, investors, and voters.
ABC's Nightline is scheduled to air a report Tuesday after a rare behind-the-scenes look inside the factories.