Tag: iphone assembler

Apple Supplier Foxconn to Work With China on Unspecified Probes
Technology

Apple Supplier Foxconn to Work With China on Unspecified Probes

[ad_1] Key iPhone assembler Hon Hai Precision Industry Co. said it will collaborate with Chinese authorities on unspecified probes, following a report that officials are conducting tax audits and reviewing land use by parent Foxconn Technology Group Co. Tax authorities are conducting checks on Foxconn subsidiaries in Guangdong and Jiangsu provinces, the state-run Global Times said Sunday, citing unidentified people with knowledge of the matter. The report also said natural resources officials are looking into the company's use of land in Henan and Hubei provinces. We are now on WhatsApp. Click to join. No further details of the investigations and tax checks were provided in Global Times' report. Hon Hai didn't give specifics either in a filing with Taiwan's stock exchange. Foxconn's Zhe...
Apple supplier Foxconn hires chip veteran formerly at TSMC and SMIC
Technology

Apple supplier Foxconn hires chip veteran formerly at TSMC and SMIC

[ad_1] Apple supplier and iPhone assembler Foxconn said it had hired Chiang Shang-yi to lead its growing push in the chip business. Major Apple Inc supplier and iPhone assembler Foxconn said on Tuesday it had hired Chiang Shang-yi, a former top executive at Taiwanese chipmaker TSMC and Chinese chipmaker SMIC, to lead its growing push in the chip business.Foxconn, the world's largest contract electronics maker, is best known for assembling iPhones and other Apple products, though in recent years it has been expanding into chips to diversify its business. It bought a chip plant from Taiwan chipmaker Macronix International last year and in September announced a joint venture with India's Vedanta Ltd to set up semiconductor and display production plants there. Foxconn said in a statement ...