DIFFERENT TACK: As a key Apple Inc supplier, the company has had a solid run in recent years, but faces declining revenue growth and rising wages in China.
SHENZHEN, China: Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, would like to slim its massive workforce with the help of automation, and for now will work on stabilising its headcount, the company told Reuters.
Under its flagship unit Hon Hai Precision Industry Co Ltd, the group currently employs about 1.3 million people during peak production times, making it one of the largest private employers in the world.
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