Frbiz.com reports Terry Gou said the Hon Hai employees pay rise next month

November 12 morning news, according to Taiwana new high this year of NT, the second highest. Since
media reports, Hon Hai Precision Chairman Terry GouJune this year, breaking revenues of NT 100 billion
interview yesterday relent: "December will be ayuan mark after five consecutive month to
salary." This is the second TSMC, UMC, the thirdthousands of millions, this year will be 1.8-2 trillion NT
Science and Technology Plant announced salary, pluschallenge, have the opportunity to make this year's
bonuses, indicating that the electronics industry fromrevenue experienced positive growth.
upstream to downstream operations has really turnedIn the profit part of Hon Hai in the first quarter,
the.second quarter profits for two consecutive quarters
Leading global electronics OEM Hon Hai Precision, theto write all listed titles, the first three quarters to
world's up more than 60 million employees, salary46.68 billion yuan NT, second only to TSMC, ranking
increases will be in December, at present have notsecond place all listed companies profit per share EPS
heard the news within Foxconn, however, someof 5.45 billion New Taiwan dollars.
staff indicated that if we have to salary, willIn fact, in the fourth quarter, global financial turmoil,
"celebrate" .facing economic recession, both TSMC, UMC,
Terry Gou’s salary actions have specialFoxconn, have a conservative look at the economy,
significance. TSMC's Morris Chang are assigned toTSMC, UMC layoffs, pay cuts, to take unpaid leave,
after the performance for the stability of the peoplewhile the Hong the sea regain Bing Fu Kuo-ming, after
with good, the immediate release of high prizes; UMCholding the worst, to "open source and fighting,
is also follow-up after the bonuses to theircutting expenditure", internal implementation of the
employees, now have salary of Hon Hai. Threepolicy of playing three to stay - "non-performing
leading electronics and the first half of layoffs, payloans, Dai Liao, and idle assets" and the other
cuts, seemed very poor. Hon Hai said that, in general,extends personnel, overseas plant downsizing plans,
Hon Hai is only in the third quarter will provide anincluding the outgoing Foxconn mainland China did not
additional bonus, annual salary according toextend the expiration of contract workers, another
performance, while Wang will be all year winningsubsidiary of downsizing, the Central European
moment. Terry Gou This shows that the beginning offactories in Hungary have also cut 1,500 jobs and the
the views of the most conservative Guo-ming,transfer of base personnel.
turning optimistic.But now, Morris Chang, TSMC not only to re-recalled
Guo-ming at the beginning of a major economicemployees and an extra bonus, next year is more
recession that is, stressing that "even if someone'soptimistic view on the economy, UMC has also
home loss, Hon Hai will absolutely not a loss this year,decided to increase bonuses to the workers, Hon Hai
Hon Hai is still more than 20% of the growthcurrent state of the number of employees from the
objectives."lowest point of about 55 million which returned to
Guo Ming raise the driving force, that is, theNow more than 616,000 people, is Hon Hai has
performance of Foxconn, Hon Hai spread out theproposed to increase salaries, and even a sense of
latest sales reports in October to 162.1 billion yuan hitincredible Hon Hai internally.