1. Foxconn likely to discontinue ops at Sriperumbudur

Foxconn likely to discontinue ops at Sriperumbudur

Taiwan- based Foxconn, the contract manufacturer of mobile phone parts and electronics...

By: | Chennai | Published: December 12, 2014 12:20 AM

Taiwan- based Foxconn, the contract manufacturer of mobile phone parts and electronics, which had been catering to the now-defunct Nokia’s Chennai plant, is likely to shut down its operations at its Sriperumbudur plant soon owing to lack of orders.

In a prelude to that, a meeting convened by the Kancheepuram Labour Commissioner will be held on Friday between the management and the workers union, according to sources in the know.

The meeting is likely to discuss the fate of the remaining 1,300-odd employees, in the event of the plant being declared non-functional anytime.

The Foxconn plant has been going through a bad patch ever since problems cropped up at the Nokia unit because of its non-inclusion in the deal with Microsoft.

Sources said the unit remained almost non-functional with the Nokia management deciding to halt operations since November 1, citing that Microsoft had terminated the agreement to buy phones produced at the Chennai plant.

According to sources, the Foxconn management had moved the Labour office seeking permission to close the unit from the third week of December. In its heydays, Foxconn had close to 6,000 employees here.

Foxconn management could not be contacted for comment at the time of going to the press.

Tags: Foxconn
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