Chinese media also reported that the company raised hourly wages for workers from August to 26 yuan ($3.63), up from 25 yuan in July, along with a 7,500 yuan bonus for experienced workers who return to work at the factory.

In addition to its largest iPhone assembly center in Zhengzhou, Foxconn also has factories in Shenzhen, Chengdu and Yantai.

The flagship factory is famous for hiring heavily ahead of major product launches, resulting in high turnover among its workforce of more than 1 million.

During peak production season, the average monthly salary can range from 5,000 yuan to 7,000 yuan including overtime. During low season, the average salary can drop to 3,000 yuan to 5,000 yuan due to the lack of overtime.

The next generation of the “Apple” iPhone is receiving much anticipation as Apple will upgrade artificial intelligence (AI) features to boost sales. The Cupertino, California-based company aims to ship at least 90 million iPhone 16 devices in the second half of this year, up 10% from the previous generation.

In China, Apple faces more competition from local phone makers such as Huawei, Xiaomi and Oppo. According to data from IDC, Apple dropped out of the top five smartphone brands in the mainland in the second quarter, with shipments down 3.1% year-on-year despite several price cuts.

Greater China, which includes the mainland, Hong Kong and Taiwan, is Apple’s third-largest market and the only region where growth has declined. The tech giant’s revenue there fell 6.5% to $14.73 billion in the second quarter, compared to a year ago.

(According to SCMP)

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