Foxconn to close its China facilities including the one in Shenzen that makes Apple products?

According to ON.CC, Foxconn is moving some-to-all of its production facilites to Taiwan, Vietnam, and India.  The move comes on the back of suicides, and subsequent pay raises for workers at the facilities.  

According to the Register, “the announcement came at a shareholders meeting of the Hon Hai Group, Foxconn’s parent company. Chairman Terry Gou said that production would be withdrawn from mainland China and shifted to Taiwan, Vietnam, and India. There are currently 800,000 Foxconn workers on the mainland, and if all Foxconn manufacturing there eventually ceases, they would all be out of work.”

The report has yet to be independently verified, via Gizmodo.