Foxconn Hiring Freeze Ignites Rumors of Chilled iPhone DemandFoxconn, the Chinese technology manufacturer for many popular devices including the iPhone 5, said this week it was cutting back on hiring. However, the company met attempts to tie that action to reports of cutbacks in demand for Apple products with a resounding "no." Due to an unprecedented rate of return for employees following the Chinese New Year holiday, Foxconn said it was also slowing down its recruitment process.
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