Foxconn Says Cooperating with Bribery Investigation
TAIPEI -- An investigation into alleged bribe-taking at Foxconn is underway, and the EMS giant says it will cooperate in full. Authorities are looking into the dealings of at least 10 company executives following reports last year that workers in its SMT group had been taking bribes from suppliers.
No companies have been publicly named at this time.
For its part, Foxconn is going after those said to be involved, having filed suit against some of the parties. The company issued a statement saying, "We are truly disappointed with this abuse and we call on the employees and suppliers involved in the case to cooperate actively in the investigation."
Taiwanese authorities reportedly raided 19 locations, including the residences of those allegedly involved in the case, and questioned more than 10 executives, according to a report by CNA.
