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Taiwanese supplier of Apple cut 7,000 jobs
The Taiwanese company Wintek, is primarily a leading supplier of touch screens for mobile electronics for Apple, closed factories in China and cut more than 7,000 employees.
His work stopped Wintek factories in Dongguan, one of the industrial centers in the south of China. According to the Financial Times, the company owes contractors about $ 37 million., And they staged a demonstration near the factory, demanding a refund. In addition to suppliers Wintek, unhappy and laid-off workers that require the payment of salary.
Up until 2012, Wintek remained the largest supplier of touch panels for the iPhone 4 and iPad. However, in 2013, Apple abandoned the old touch screen technology, which operated on the principle of two glass panels, in favor of cellular liquid crystal touch panel, so the need Californian giant Taiwanese production partner declined markedly.
Bet on cooperation with Apple has played a cruel joke on Wintek. In 2013 and the first half of this year, the losses of the company amounted to 10 billion Taiwan dollars ($ 320 million) and NT $ 3 billion ($ 96 million), respectively. In October, the manufacturer attempted to restructure its debt, the amount of which is estimated at 30 billion Taiwan dollars ($ 961 million).
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