China's Foxconn tax probe is Taiwan election interference, claims candidate
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.
Foxconn founder Terry Gou's rival in the Taiwanese elections says China should "cherish" the iPhone assembler, and not try to pressure the firm during an election.
Billionaire Foxconn founder Terry Gou is running for president of Taiwan, and says he "will not bow to China's threats," as any political pressure would disrupt sales to Apple, Tesla, and others.
Apple has spent years and millions of dollars on automating its production lines with technology, and it has always reverted to using skilled human beings instead.
Foxconn's return to full production has "exceeded expectations" after extended coronavirus disruptions, founder Terry Gou said on Thursday.
Foxconn will be getting its Wisconsin factory up and running in 2020, company chief Terry Gou has promised, insisting the Apple assembly partner will start mass production at the troubled facility at some point this year, despite its slow progress.
Foxconn saw sales rise year-over-year in the March quarter by 2.5 percent, but profits fall 17.7 percent, in what's believed to be a sign of lowered demand among major clients beyond just Apple.
Terry Gou, the CEO of Apple assembly partner Foxconn and candidate for the presidency of Taiwan, has met with President Donald Trump on his visit to the United States, ahead of a visit to the controversial project in Wisconsin to build new facilities.
Foxconn's chairman, Terry Gou, said on Wednesday that he's running to become President of Taiwan, a move that could trigger political and economic waves including at Apple.
Long-time Foxconn CEO Terry Gou has announced that he will step down from his post as the head of Apple's largest manufacturing partners.
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