Apple Economy

Foxconn says it'll hike pay and limit work hours after an investigation found the firm was regularly violating labor rules.

Auret van Heerden, president of the Fair Labor Association, discusses working conditions at Foxconn's factories and the fixes that Apple and Foxconn are promising.

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Mike Daisey made up the details of his first-hand account of dismal working conditions at Apple factories in China for his stage play and the radio program This American Life. But for workers in China, the issues are real.

The monologist Mike Daisey’s account of Chinese factory conditions in “The Agony and Ecstasy of Steve Jobs” made people think differently about their iPhones and iPads. But after an adaptation aired on This American Life, reaching China, an investigation there of his allegations found they were fabricated. Given other news reports on the conditions, will that matter?

The Taiwan-based manufacturer will also cut down on excessive overtime. What will this mean for its purchasers -- like Apple -- and consumers?

Electronics manufacturer Foxconn is taking steps to improve worker salaries and conditions after increasing international pressure to do so.

The New York Times' Charles Duhigg discusses the harsh working conditions at Apple's manufacturers in China, and what can be done to enact change.

Apple's formula is classic: Buy low, sell high -- over and over and over.

Workers at a Foxconn factory that makes iPhones all threatened to jump from the top of the building if they didn't get a raise. But these aren't the only workers protesting work conditions and pay in the country.