Foxconn in China Investigated by Authorities as Founder Runs for Taiwan Presidency

Observers believe that the sudden investigation may be politically motivated as Taiwan’s presidential elections approach.

A woman walks past the logo of Foxconn outside a company's building in New Taipe City, Taiwan, on Dec. 22, 2022. Annabelle Chih/Reuters

China’s ruling communists have launched tax and land-use probes into Foxconn, one of tech giant Apple’s largest suppliers, as the company’s Taiwanese founder runs as an independent for the presidency of the self-governing island.

Observers believe that the sudden investigations into the company’s affairs may be politically motivated.