Apple Suspends New Business For Pegatron On Labor Violations

(Bloomberg) — Apple Inc. suspended new business with key supplier Pegatron Corp. after discovering labor violations at a student workers’ program, taking strong action to clean up its Chinese-focused production chain.The Cupertino, California-based technology giant said it discovered several weeks ago that the Taiwanese iPhone manufacturer misclassified student workers and allowed some to work nights and overtime in violation of Apple’s Supplier Code of Conduct. Apple has since placed its partner on probation and won’t give them new business until corrective action is completed.Pegatron is one of just a handful of partners Apple relies on globally to assemble marquee products …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.