Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations

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Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations
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Apple supplier Foxconn said that it will collaborate with Chinese authorities on tax and land use investigations.

"Legal compliance everywhere we operate around the world is a fundamental principle of Hon Hai Technology Group . We will actively cooperate with the relevant units on the related work and operations," the company said in a statement on Sunday., said it will cooperate with Chinese authorities on investigations, following a report that officials are conducting tax audit inspections and reviewing land use of Foxconn subsidiaries.

The report did not elaborate on the investigations."Legal compliance everywhere we operate around the world is a fundamental principle of Hon Hai Technology Group . We will actively cooperate with the relevant units on the related work and operations," the company said in a statement on Sunday.

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