Foxconn investigates employee bribery allegations
Foxconn said its supply chain operations are still operating normally
IDG News Service - Foxconn Technology Group is being investigated by authorities over allegations that some of its employees accepted bribes from suppliers.
The Taiwan-based manufacturing giant, which builds Apple's iPhone, has asked law enforcement officials to work with Foxconn's own internal audit team in investigating the allegations, the company said in a statement on Wednesday.
Foxconn said it is reviewing its policies to prevent employees from becoming involved in illegal payments. It would only say that a "number of employees" were under investigation.
On Thursday, the company said in a Taiwan stock exchange filing that it was still waiting for the investigation results from authorities. Foxconn's supply chain was operating normally, it added.
Foxconn made its statements after Taiwan's Next Magazine published a story detailing the bribery probe, and said Chinese police in Shenzhen had arrested a company employee.
Foxconn employs more than 1.2 million employees in China, where it has factories devoted to the manufacture of Apple products. The company also assembles handsets, tablets, TVs and video game systems for many other vendors including Microsoft, Sony, Sharp and Amazon.
- Google I/O 2013's Coolest Products and Services
- 10 Star Trek Technologies That are Almost Here
- 19 Generations of Computer Programmers
- 25 Must-Have Technologies for SMBs
- A walking tour: 33 questions to ask about your company's security
- 15 social media scams
- The 7 elements of a successful security awareness program
- IT Certification Study Tips
- Register for this Computerworld Insider Study Tip guide and gain access to hundreds of premium content articles, cheat sheets, product reviews and more.
- Federal IT Innovation Caught in a Catch-22
- Fed resources shoring up old infrastructure, holding back new technologies.
- Case Study: Hospital Turns to Email Archiving Solution to Ensure Regulatory Compliances
- Read this case study to learn how a cloud-based email archiving solution enabled the hospital to meet government mandates and helps avoid thousands...
- Case Study: In-the-Cloud Email Service Replaces Three Point Products
- Read this case study for more information on a comprehensive in-the-cloud email service to help replace three point products.
- Case Study: Simplifying the Transition to Exchange 2010 with Email Management Solutions
- Read this case study to learn how a cloud-based email management solution greatly simplified the company's transition to Exchange 2010.
- What does it take to deliver Security, Privacy and Trust at Mimecast?
- This whitepaper explains the process and controls that Mimecast put in place to deliver a secure, private and trusted SaaS platform for your... All Government IT White Papers
- 3 Reasons Why Sepaton is the World's Fastest Backup Solution
- Leading analyst, Storage Switzerland learns how Sepaton backs up and deduplicates massive data volumes while maintaining the industry's fastest performance - all in...
- Enterprise File Sharing: All You Need to Know
- Security. Scalability. Control. These are just some of the many benefits of enterprise cloud file-sharing that you'll discover in this KnowledgeVault, packed with...
- Bridging HTTP and FTP with FileXpress Internet Server
- What if you could take an FTP server on your internal network, and allow external users (partners or customers) to securely access it...
- MFT and FileXpress - An Overview
- Business users and applications exchange files on a regular basis. File transfer is a core part of the flow of business activity.
- Content Analytics: Big Data Conquered, Customer Service Elevated
- For organizations looking to start a content analytics program or improve their existing capabilities, Aberdeen Group and IBM will lay out several recommendations... All Government IT Webcasts