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Foxconn Group Raises China Wages for Third Time Since 201

Foxconn Technology Group, the world’s biggest contract manufacturer of electronics including Apple Inc.’s iPhone, raised the pay of its workers in China this month, the third increase since 2010.

Pay rose by 16 percent to 25 percent starting Feb. 1, the company said in an e-mailed statement yesterday. The basic monthly pay of a junior worker in Shenzhen has risen to 1,800 yuan ($290) from 900 yuan three years ago, it said. Foxconn will raise monthly salaries to more than 2,200 yuan for workers who pass technical examinations, it said.