Tag Archives: iPhones supplier Foxconn faces China tax probe

TAIPEI: Foxconn, a major supplier of Apple’s iPhones, is facing a tax probe in China, two sources close to Foxconn confirmed on Monday, saying they believed it was disclosed by a state-backed paper for political reasons tied to Taiwan’s upcoming elections. On Sunday, China’s state-backed Global Times tabloid said some of Foxconn’s key subsidiaries in China were the subject of tax audits …

Read More »