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Apple supplier Foxconn said it is cooperating with Chinese authorities after Chinese state media said the Taiwan-based company, whose founder is seeking the Taiwan presidency, is subject to tax and land-use investigations across China https://t.co/vhCuor2IVv
— The Wall Street Journal (@WSJ) October 22, 2023
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Foxconn fell 3.4 percent in the #Taiwan stock market on Monday after Chinese mainland tax authorities conducted tax inspections on key enterprises of Foxconn in Guangdong and Jiangsu provinces, among other places, in accordance with the law. Additionally, the natural resources… pic.twitter.com/UyYLQjqEd3
— Global Times (@globaltimesnews) October 23, 2023
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We have all been waiting for this—and now it has happened. 💣
— Theresa Fallon (@TheresaAFallon) October 22, 2023
“China has launched an investigation into Apple iPhone maker Foxconn over tax and land use, Chinese state media reported on Sunday.” pic.twitter.com/6TGBIKqxpr
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