Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China’s Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like

Apple supplier Foxconn subjected to tax inspections by Chinese authorities

Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, state media reported yesterday.

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