Apple supplier Foxconn subjected to tax inspections by Chinese authorities

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Apple supplier Foxconn subjected to tax inspections by Chinese authorities
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Chinese state media report that Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities.

FILE - The Foxconn logo is seen during the Hon Hai Tech Day at the Nangang Exhibition Center in Taipei, Taiwan, on Oct. 18, 2022. Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, state media reported Sunday, Oct. 22, 2023. – Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, state media reported Sunday.

The report did not provide more details about the searches, including when they occurred or what was found.

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