Stock Groups

Universal Electronics ended relationship with agency linked to Uyghur workers -Breaking

by Mike Robinson

[ad_1]

© Reuters. A general view shows a manufacturing plant of Universal Electronics Inc in Qinzhou, Guangxi Autonomous Region, China, April 13, 2021. Picture taken April 13, 2021. REUTERS/Thomas Peter/Files

WASHINGTON (Reuters) – Universal Electronics (NASDAQ:) Inc said on Wednesday it had ended its relationship with a staffing agency that hired Uyghur workers who were transported from China’s Xinjiang province to a plant in southern China.

Reuters reported earlier this month that Universal struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the city of Qinzhou. Three U.S. senators said on Wednesday they had sent a letter to the company asking about the matter.

“UEI made the decision last week to end its relationship with the staffing agency that hired these workers based on feedback on how to best secure its supply chain and in light of ongoing regulatory and legislative changes globally,” a company spokesperson said in an emailed statement.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



[ad_2]