China Launches Investigations into Foxconn, Apple's iPhone Manufacturer

1 min read
Source: BBC.com
China Launches Investigations into Foxconn, Apple's iPhone Manufacturer
Photo: BBC.com
TL;DR Summary

China has launched an investigation into Foxconn, the Taiwan-based iPhone-maker and largest producer of iPhones, conducting tax inspections at Foxconn businesses in two Chinese provinces. The investigation comes as Foxconn's founder, Terry Gou, is running as an independent candidate in Taiwan's upcoming presidential election. While some suspect the investigation is politically motivated, Chinese experts claim it is a normal and legitimate tax inspection. The outcome of the investigation may impact the election and Taiwan-China relations, as tensions between the two have escalated in recent years.

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