'Serious and Pressing' Violations

An audit of Foxconn Technology Group, the biggest maker of Apple iPhones and iPads, has found "serious and pressing" violations of Chinese labor laws.

Foxconn pledged to cut working hours and give employees more oversight, trying to quell a workers' rights controversy that has dogged Apple and Foxconn for years amid worker suicides and factory explosions.

The relationship between the two companies shows how the reputation of global brands is increasingly tethered to the emerging-market companies they do business with.

Editor's Note: slide four has been corrected.