Foxconn offered $12.6M government subsidy to stem layoffs linked to iPhone 6s order reduction, report says

Piling on to reports of slowing iPhone 6s demand, a report on Tuesday claims the city of Zhengzhou is offering Apple supplier Foxconn a $12.6 million subsidy to keep workers in its plant, a facility thought to be dedicated in large part to iPhone production.

Source:: Apple Insider