China has recently raided many companies on allegations of espionage and detained many managers. The fact that Foxxcon, one of Apple’s most important partners, is now targeted by China, may also affect the companies’ investments in the country.
In recent years, with espionage accusations and trade wars, Chinese The distance between Turkey and the West has widened. On the other hand; First of all, Chinese technology companies by espionage The country, which reacted harshly to the accusation, is now directing similar accusations against other technology companies.
Additionally, the conflict between China and Taiwan income has been known for a long time. The latest news reveals that China has started to attack Taiwan through the technology sector. And Apple’s most important Via Foxconn, one of its suppliers!
China’s target is Apple’s supplier
A company based in Taiwan Foxconnhas been producing for Apple for many years and is among the main suppliers of iPhones. According to news from the country, Foxconn is currently considering what China is doing on taxes and land use. investigations in the center started to take place. Meanwhile; Foxconn is among China’s most important exporters with hundreds of thousands of employees.
with Chinese administration Foxconn It does not seem likely that the ice between the two will melt anytime soon. Although China states that it is open to foreign investors, some companies plan to reduce their ties with China. Foxconn’s situation is even more complicated. Because the founder of the company Terry Gou, He is preparing to be a candidate in the presidential elections in Taiwan. Gou thinks that his commercial power and prestige will protect him from China’s wrath in this process.
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On the other hand, in Shanghai, Chinese police officers attacked one of the country’s most important press organizations. GroupM, owned by WWP While searching his office, he detained one of the company’s current senior managers. Later, two former employees of the same company were detained.
In recent years, the Beijing government tightened intelligence laws and made it clear that he would examine anything they saw as a threat to them. Previously, international companies such as Bain and Mintz had also faced raids or investigations.