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Eric Carlson
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Former Foxconn managers charged in Taiwan bribe case

Several former employees of Apple supplier Foxconn were charged with bribery Thursday by Taiwan prosecutors after a year-long investigation.

Foxconn is the world’s largest electronics contract manufacturer and one of Apple’s biggest suppliers.

It has more than a million workers in mainland China. Some of its factories have more than 100,000 employees.

Taiwan prosecutors said after a year-long investigation they “detained a former Foxconn general manager for allegedly taking kickbacks from partners in the supply chain,” the Wall Street Journal said.

Three other former Foxconn employees were released on bail.

Foxconn, ranked 30th on the Fortune Global 500, is part of Taiwan’s Hon Hai Group.

Last year, Hon Hai Precision Industry Ltd., one of the group’s companies, said it discovered bribery involving supply chain partners. It reported the matter to the police in China.

Foxconn confirmed the detention of some former employees and said it would cooperate with the authorities, the Wall Street Journal said.

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Richard L. Cassin is the publisher and editor of the FCPA Blog. He can be contacted here.

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