Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media.

The probe comes weeks after founder Terry Gou announced his bid for Taiwan’s presidency and stressed that he won’t be pressured by Beijing, despite his extensive business operations in the country.

While it is unclear whether the investigations are connected to Gou’s entrance into the presidential race, analysts said the move will send jitters through foreign businesses in China.

  • Pons_Aelius@kbin.social
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    1 year ago

    Hey Apple, just thought I’d let you know, bending over for China ( cough cancelling the Jon Stewart show cough ) does not make them happy it just makes them step up their ranting and attempts at control.

    I think the Terry Gou is about to find that out.

    He will likely lose the bid for the presidency and have serious issues with continuing to do business in the PRC.

  • BartsBigBugBag@lemmy.tf
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    1 year ago

    Lmaoo a billionaire famous for working his employees so hard they literally had to put up nets to catch jumpers is running for president in Taiwan? Let’s hope the population has more sense than to elect this fool. There’s no such thing as a benevolent billionaire.

  • Mongostein@lemmy.ca
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    1 year ago

    Billionaire who does business in China want to be president of Taiwan. What could possibly go wrong?

  • DoucheBagMcSwag@lemmy.dbzer0.com
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    1 year ago

    That guy is a fuckin plant for China. Guarantee if he gets elected he will defang Taiwan and let China have more influence for the sake of “unification.”

    Taiwan needs to reject this candidate hard so China doesn’t think about using a CCP plant again

    I don’t believe this whole tax investigation one bit and I think this is a ruse to make Gou look like a “persecuted” outlier going against China to look like a hero for “going against the system.”

    The CCP knows they can’t take over Taiwan by military force, so now they’re going to take a page from the USA GOP playbook and are going to attempt to take it over from the inside of their government with elected CCP agents who have the power to appoint other agents to slowly chip away at their sovereignty until they’re like Hong Kong.

  • AutoTL;DR@lemmings.worldB
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    1 year ago

    This is the best summary I could come up with:


    The probe comes weeks after founder Terry Gou announced his bid for Taiwan’s presidency and stressed that he won’t be pressured by Beijing, despite his extensive business operations in the country.

    On Sunday, the state-owned Global Times reported that tax authorities had recently audited Foxconn’s key subsidiaries in the provinces of Guangdong and Jiangsu, where it has major factories.

    The probe was revealed after Chinese police reportedly raided the Shanghai office of international advertising agency GroupM, owned by WPP, as Beijing ratcheted up pressure on foreign businesses.

    They say they’re growing increasingly wary of rising risks, including the possibility of raids and detentions, in the world’s second largest economy amid a crackdown on international consulting firms on national security grounds.

    In August, Foxconn founder and former chairman Terry Gou, a self-made septuagenarian billionaire, announced he would contest Taiwan’s presidential election in January as an independent candidate.

    Chinese police have raided the Shanghai office of GroupM, a unit of the world’s largest advertising agency, and detained a senior executive, according to multiple media outlets.


    The original article contains 923 words, the summary contains 173 words. Saved 81%. I’m a bot and I’m open source!