Apple supplier in trouble – level 1
25-10-2023 07:00
Foxconn is a company which makes iPhones for Apple. It is in trouble with taxes in China.
A Chinese newspaper says that some parts of Foxconn in China have troubles with taxes. They are also looking at how Foxconn uses land in Henan and Hubei provinces. This is happening not long before Taiwan’s big election. Also, Foxconn is trying to produce things in other places, not just China.
Taiwan says that China often tries to push them in different ways, like with the military or money. Taiwan also says that China wants to change its elections. The person who starts Foxconn, Terry Gou, now wants to be Taiwan’s president.
Difficult words: tax (money which companies and people pay to a government), election (an event when people choose a person to do a job in politics), military (soldiers and army).
You can watch the original video in the Level 3 section.
What implications do the troubles with taxes have for Foxconn's presence in China and its future operations?
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