Hon Hai Considers Raises

Hon Hai Precision Industry Co. is weighing the possibility of increasing wages for its factory workers in China but the manufacturing giant said the potential raise isn’t related to a recent spate of employee suicides.

A Hon Hai spokesman said the wage change discussion, which predates a wave of suicides at its giant Longhau factory in Shenzhen, flowed from concerns about a tight supply of workers in the southern industrial city where Hon Hai employs more than 400,000 staffers. “It is not related to the suicides,” he said.

Another Hon Hai worker tried to kill himself Thursday, becoming the 13th person to commit suicide or attempt to do so this year at the Longhau complex. Police said the 25-year-old man survived after cutting himself in his dormitory room at the factory, the state-run Xinhua News Agency reported.

The Hon Hai spokesman denied Thursday reports in two Taiwanese newspapers and at least one newspaper in China that Hon Hai Chairman Terry Gou said Wednesday the company would increase its minimum wage levels by 20 percent.

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