Taiwan-based Iphone-maker, Foxconn Investigated by China
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Taiwan-based Iphone-maker, Foxconn Investigated by China
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Description
China has launched an investigation into Taiwan-based iPhone maker Foxconn. The Global Times, citing anonymous sources, says officials conducted tax inspections at Foxconn businesses in two Chinese provinces. Foxconn says...
show moreThe Global Times, citing anonymous sources, says officials conducted tax inspections at Foxconn businesses in two Chinese provinces.
Foxconn says it will cooperate with the investigation. The company is the biggest maker of iPhones for US tech giant Apple and is one of the largest employers in the world.
The Global Times also said China's natural resources department made on-site investigations into land use by key Foxconn businesses in the provinces of Henan and Hubei.
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Author | Africa Business Radio |
Organization | Africa Business Radio |
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