Foxconn, a workforce of about 127,000 people behind many popular gadgets, posted a $218.3 million net loss for 2010 yesterday. While the company had previously predicted lower earnings amid increased suicide-related wages and welfare costs, the reported figure still exceeds analysts' estimation of around $202 million, which also far outweighs the net income of $38.6 million. Foxconn puts the blame on higher consolidated income tax and increased competition, as well as "cost streamlining actions" -- a reference to the ongoing
