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.
The Foxconn Saga: A Tale of Business, Politics, and Global Power
And so it is with Foxconn, the Taiwan-based electronics giant, a major supplier of Apple's iPhones, now under the microscope of Chinese authorities.Caught in the CrossfireShares of Foxconn fell by up to 3% on October 23 following reports of tax audits and land use investigations in China.
Taipei Metro’s Xizhi East Line: A Leap Towards Connectivity
For two decades, the residents of Xizhi, a district nestled in Taiwan's northern mountains, have eagerly anticipated the arrival of the Taipei Metro's Xizhi East Line. The line, a symbol of ...
US tours help firm impressions of Taiwan presidential contenders
Contenders from DPP, KMT and TPP have visited the US in recent weeks, with the trips important for both US officials and the candidates’ standing back home.
HTC hit with $8.9 mln verdict in US wireless patent fight
Consumer electronics company HTC owes more than $8.9 million in damages for infringing wireless communications patents owned by a Luxembourg-based patent licensing company, a jury in Delaware federal ...
Applied Optoelectronics Announces Date of Third Quarter 2023 Financial Results Conference Call
Applied Optoelectronics will host a conference call and webcast for analysts and investors to discuss its third quarter 2023 financial results and outlook for its fourth quarter 2023 at 4:30 p.m.
Telecom Statistics You Need to Know in 2023
The telecom industry has encountered a significant increase globally over the past years despite being competitive. The market grew from $ 2.868.37 billion in 2022 to $3041.8 billion in 2023 ...
MediaTek’s internet technologies adopted by Lumen: MediaTek’s big breakthrough in the US telecom market?
US telecom giant Lumen Technologies has announced the launch of its first in-house Wi-Fi 7 networking device, adopting the Wi-Fi 7 chip from MediaTek and the 10G-PON platform from Airoha Technology.
TrendForce 2024: Riding the Wave of Revolutionary Tech Trends
TrendForce predicts tech trends of advancements in AI, foldable phones, green solutions, and communication, display, and battery technologies in 2024.
PopChill x Entrupy Release Annual Taiwan Second-Hand Luxury Goods Report
PopChill Corp, a second-hand luxury goods marketplace, announced the completion of its Pre-A+ round of funding on October 19th, and in collaboration with Entrupy, an AI powered international luxury ...
Foxconn faces China tax probe amid Taiwan election: Sources
He has accused Taiwan's ruling Democratic Progressive Party (DPP) of taking the island to the brink of war with China by its hostile policies and that only he, with his extensive business and personal ...
Trailblazing Artists at the ART Taipei Expo – TaiwanPlus News
Young artists at the 2023 ART Taipei expo are showcasing a combination of traditional and modern mediums. One artist, Wang Yu-ching, uses her experiences of racial discrimination as inspiration for ...
Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations
Hon Hai Technology Group is the world's largest contract electronics ... the related work and operations," the company said in a statement on Sunday. Hon Hai's Taipei-listed shares fell 3.29% in early ...
Foxconn’s China probe may be political, sources briefed say
TAIPEI, Oct 23 (Reuters) - China's tax probe of Foxconn is unusual and the company was possibly singled out for "political reasons," two sources close to Foxconn told Reuters on Monday, after a ...
Taiwan compatriots from all over the world call for peaceful development
Wu further established the Henan-Taiwan Cultural Exchange Center to promote cross-Straits communication. The center donates school supplies to children in Shangying and introduces mainland business ...
Taiwan Stock Exchange CEO says he expects ‘over 45’ IPOs this year
Sherman Lin, chairman and CEO of the Taiwan Stock Exchange, discusses how the island has been courting more investments.