This Content Is Only For Paid Member
China has initiated a probe into Foxconn, the manufacturer of Apple’s iPhones, over matters related to tax and land use, as reported by Chinese state media.
The investigation involves inspections by tax authorities at Foxconn’s facilities in Guangdong and Jiangsu provinces, and inspections by natural resources officials in Henan and Hubei.
Foxconn has expressed its intention to cooperate with the investigation, emphasizing its commitment to adhering to laws and regulations globally.
An expert quoted in The Global Times suggests that Taiwan-funded enterprises, including Foxconn, should also shoulder social responsibilities and contribute positively to fostering peaceful cross-strait relations.
Foxconn founder Terry Gou is running as an independent candidate in Taiwan’s upcoming presidential elections, a contest with significant implications for Taiwan-China relations and tensions in the Taiwan Strait.
Beijing has previously targeted local subsidiaries of Taiwanese companies through regulatory investigations and political pressure during sensitive periods.
China claims Taiwan as part of its territory and maintains the option to use force for unification.
Despite his substantial business dealings in China, Gou emphasizes his independence and his refusal to comply with orders from the Chinese Communist Party.
Apple, which relies heavily on China for manufacturing and sales, faces challenges in navigating its relationship with China amid increasing geopolitical tensions.
Apple’s CEO, Tim Cook, recently visited China to engage with Chinese leadership.
Chinese government entities and state-owned firms have discouraged the use of Apple devices, and there have been warnings of iPhone-related “security incidents.”
In conclusion, China’s investigation into Foxconn raises questions about the broader implications for Apple and the complex relationship between global tech companies and the Chinese government.
