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.

  • BartsBigBugBag@lemmy.tf
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    10 months 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.