Foxconn is considering restructuring its operations in China, reports Businessweek . At the same time, The Register writes that Foxconn is considering shutting down its factories in China altogether, a rumor that arose out of a shareholder’s meeting held three days ago. Following the string of suicides at the Foxconn factories in China — which produce devices (including the iPhone) for consumer electronic giants such as HP, Apple and others — Foxconn officials first announced that the company would increase the salaries of workers, as well as raise safety nets around the dormitories and factory buildings to help the situation

After a string of suicides in Foxconn’s China factories, home to some 400,000 workers who manufacture electronic devices for giants such as HP, Dell, and Apple, the management announced it plans to raise workers’ salaries by 20%. Taiwan-based Hon Hai Precision Industry, the anchor of Foxconn Technology Group, claims the salary increase has been planned for some time, but doesn’t say when the raise will be implemented. The timing of the announcement is most probably tied to the suicides at the Foxconn factory, as another employee jumped to his death on Wednesday, bringing the total suicide toll in 2010 to ten.

The recent string of suicides at Foxconn, the Chinese company that manufactures electronic devices for several major consumer electronics brands, has prompted Foxconn to open its doors to the press, while HP, Dell and Apple issued statements about the incidents. Foxconn CEO Terry Guo gave a guided tour of Foxconn’s factory in Shenzhen to members of the press — showing off a swimming pool and workers’ facilities — in an attempt to prove that the conditions at its Shenzhen factories aren’t the cause for the suicides of nine Foxconn workers this year.