The Atlanta-based company also noted that Cuba was one of the first countries where it did business, opening operations in the nation in 1906. But after the Cuban Revolution, Fidel Castro’s government began seizing private assets and the company liquidated and exited the country in 1960. The company has never operated in North Korea.
Foxconn employee jumps to death from apartment
BEIJING — A Foxconn Technology Group employee jumped to his death Wednesday from a company-rented apartment building in southwest China’s Sichuan province, local police said.
At least a dozen Foxconn employees have jumped to their deaths or tried to do so since 2010, casting a spotlight on the world’s largest contract maker of electronics. The Taiwan-based company has been besieged with reports of poor working and living conditions for its workers at factories and dorms. The company installed nets in 2010 to prevent such deaths after the spate of suicides.
A public security bureau in Chengdu city announced the death Wednesday on the Sina Weibo microblogging site. The post identifies the employee only by the surname Xie and says the cause remains under investigation.
The official Xinhua News Agency said the man was 23.
In February, Foxconn, which employs about 1 million workers at its massive plants in China, said it had raised wages by up to 25 percent and that it was taking measures to limit workers’ total work hours.
The plants turn out iPhones, iPads, Xbox video game consoles, and Dell and Hewlett-Packard computers.
AOL shareholders re-elect all 8 board members
NEW YORK — AOL Inc. says shareholders voted at their annual meeting to re-elect all eight directors on the company’s board, fending off a takeover attempt by one of its largest investors.
New York-based investment firm Starboard Value LP, which owns about 5.3 percent of AOL’s outstanding shares, had nominated a trio of candidates, saying that the company wasn’t doing enough to make money off its hundreds of technology patents.
AOL says it still plans to add two independent directors to its board that it believes will add expertise and perspectives.
• From wire dispatches and staff reports
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