Wintek China strike resolved, output not affected
TAIPEI, April 21
TAIPEI, April 21 (Reuters) - A strike at Taiwan touchscreen specialist Wintek's (2384.TW) factory in China has been resolved and has not affected production, its spokesman said on Tuesday.
Wintek is a key supplier of touchscreens to top brand names such as Apple (AAPL.O). It received orders from Apple for 10-inch touchscreens, a source told Reuters last month, amid talk that the U.S. firm is developing a touchscreen PC. [ID:nTP374787]
Wintek also makes touchscreens for Apple's popular iPhone.
Some workers at Wintek's factory in the city of Dongguan in the heart of the Pearl River Delta went on strike last week over pay, the spokesman said.
"I can't say for sure how many people took part in the strike, but work has since resumed and our production won't be affected," James Chen told Reuters, adding that the facility employs between 6,000 and 7,000 workers.
The case is the latest one of labour unrest at a factory in southern China's crowded coastal cities, where many companies have had to grapple with rising costs in recent years as more firms move into the area and living standards rise.
Wintek shares rose by their 7 percent daily maximum limit on Tuesday, outpacing the benchmark TAIEX .TWII share index's 1.73 percent climb.
(Reporting by Kelvin Soh and Lin Miao-jung, Editing by Jacqueline Wong)
- Google bus blocked in San Francisco gentrification protest
- Thai PM urges protesters to take part in election |
- Obama, Castro shake hands as world says farewell to peacemaker Mandela |
- North Korea's 'reign of terror' worries South's leader
- Rare Singapore riot forces soul searching over foreign workers