Foxconn’s facility at Sriperumbudur was officially closed on February 10, according to a company statement.

FIH Mobile confirms that its India operation, FIH India Private Limited, suspended all operations at its manufacturing facility in Chennai from December 24.

Settlement for severance The company then worked with government and employee representatives to reach an amicable compensation arrangement that follows all applicable laws and regulations and is fair to all parties.

A settlement for severance was concluded with the employee representatives on February 12 and based on that agreement the last day of employment for all employees of FIH India was February 10.

The company’s facility in the Nokia Special Economic Zone, Chennai, officially closed its operations on February 10 the statement said.

Union sources said that the revised package was accepted by representatives of the local union but not agreed upon by the major faction representing the employees.

“We still have two days time to give our decision on the new package,” union sources said. The company has increased the severance package from the previous one.

Of the 1,300 employees around half could have opted for the new package, sources said without giving the exact number or details.

Non-acceptance For those who will not accept the new package, the union will consider various options, including moving the Court and terming the closure as illegal, sources said.

Foxconn or Hon Hai Precishasion Industry is the world’s largest contract electronics maker and a major supplier to Apple.

Foxconn’s Sriperumbudur plant was supplying over 70 per cent of parts to the Chennai unit of the telecom major Nokia, which shut down.

Related Topics
comment COMMENT NOW