Foxconn Working With Police on Bribery Allegations
Foxconn has confirmed that it is under bribery investigation by the Chinese police.
Employees allegedly solicited "kickbacks" from suppliers. At least one manager of the company was detained in Shenzhen as a result of the investigation and bribery claims. Foxconn said that it will "thoroughly investigate" the case and collaborate with authorities.
According to media reports a dozen other employees are suspected to have accepted bribes. The company said that it has suspended orders from one company that is said to have offered and paid bribes.
"We are working with law enforcement officials who we brought in to work with our own internal audit team as part of an investigation into allegations against a number of Foxconn employees related to illegal payments from supply chain partners," Foxconn wrote in a statement provide to the media. The company employs more than 1.2 million people in China and is primarily known as the manufacturer of Apple's iPhones, iPads and iPods, but also assembles products for Dell, HP, Intel and Microsoft.
I am sure that here in the State is going on too, but more discrete.
They didn't give the police their cut!!
ching chang! yang chow!
In the states its called lobbying. "Pay no attention to the man behind the curtain"
They do mention that Foxconn employs 1.2M people -- I think with that info alone, you have to have some idea of how much they do.
I disagree on that. The number of employees doesn't seem like a good way of describing how many dozens, if not hundreds, of clients that Foxconn has, especially with how the last sentence of the article is worded.
The link below says that it is estimated that 40-50% of Foxconn's revenue comes from Apple alone; so them plus the other four mentioned by name in the article, very well might be 70%+ of Foxconn's business. If that is roughly the case, then I think I'm OK with them only mentioning the top couple by name...
http://www.macworld.com/article/2012972/foxconn-builds-products-for-many-vendors-but-its-mud-sticks-to-apple.html