Hon Hai/Foxconn is to raise the wages of around 420,000 factory workers following a string of suicides across its plants.

Workers at these plants, which manufacture electronic devices for the likes of HP, Dell and Apple, will see their wages rise by 20 percent, the company has announced.

The company claims the pay hike had been planned for some time, but declined to give a schedule for the increase, which will see around $26 more per month land in the hands of workers who currently earn $131 per month.

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