Tag: Terry Gou

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
Technology

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, qualified on Tuesday to run January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid
World

iPhone Maker Braces for China’s Ire Over Founder’s Taiwan Presidential Bid

Updated Nov. 14, 2023 10:20 am ETFoxconn Technology, one of Apple’s biggest suppliers, said it has contingency plans in case the company faces repercussions in China over its founder’s bid for the Taiwan presidency. Terry Gou, who has stepped down from executive roles at the company but still holds more than 12% of its shares, on Tuesday qualified to run in January’s poll after the election commission said he had obtained more than 900,000 valid voter signatures, three times the number required to become a candidate.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Apple Supplier Foxconn Faces Chinese Investigations
World

Apple Supplier Foxconn Faces Chinese Investigations

Foxconn Technology Group, one of Apple’s biggest suppliers, said it is cooperating with Chinese authorities after Chinese state media said the Taiwan-based contract electronics maker, whose founder is seeking the Taiwan presidency, is subject to tax and land-use investigations across China.China’s state-backed Global Times reported on Sunday that Chinese tax authorities are scrutinizing Foxconn’s facilities in southern Guangdong province and eastern Jiangsu, while natural-resources authorities are conducting on-site investigations into the company’s land use in Henan and Hubei provinces. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8