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.
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.
Isn’t he divesting from china anyway?