Sunday, March 11, 2012

Apple: Foxconn Has Issues, Per Survey, Says Bloomberg

Bloomberg‘s Peter Burrows this evening reports that the Fair Labor Association, the watchdog group that carried out at Apple’s (AAPL) request an inspection of the facilities of Apple’s manufacturing partners, has found “tons of issues” at the site of Foxconn Technology Group, citing the head of the FLA, Auret van Heerden.
Burrows writes van Heerden tells him by phone he believes there will be “some very significant announcements in the near future” regarding the inspections, without elaborating. Details are expected “in coming weeks,” writes Burrows.
Apple announced Monday the FLA would begin inspecting Foxconn facilities to assess worker conditions.
Foxconn serves numerous computer companies including Dell (DELL).
Burrows notes van Heerden had positive things to say about the responsiveness of Apple and Foxconn to past issues brought to the companies’ attention.
Apple shares are up 63 cents at $502.75 in late trading.
Fin.