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Huge electronics factory closes down and thousands of people become unemployed

A huge electronics manufacturing facility in Dongguan was officially closed on August 31. The manufacturing facility terminated labor contracts with 10s of thousands of people. This is the 3rd largest factory introduced to close in August this year. Aigo Electric released a business closure notice because of serious losses. The manufacturing facility has been running for 36 years and has actually had a large financial investment in the shift to new items in the last few years.

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