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Foxconn worker arrested in bribery probe

Published Jan 9th, 2013 5:01PM EST
Foxconn Bribery Probe

Hon Hai and its manufacturing subsidiary Foxconn are the subject of a bribery probe in China, the company confirmed on Wednesday. According to a statement given to The Wall Street Journal, authorities in China are investigating the alleged bribery of supply chain companies by Foxconn employees. “We are working with law-enforcement officials who we brought in to work with our own internal audit team as part of an investigation into allegations against a number of Foxconn employees related to illegal payments from supply-chain partners,” Hon Hai said in its statement. “We are also carrying out a full review of our policies and practices to identify steps we can take to strengthen such measures to further mitigate against such actions.” It is unclear how many Foxconn employees are involved in the alleged scheme. Foxconn is the world’s largest original device manufacturer, and it known most famously for building iPhones and iPads for Apple (AAPL).

Zach Epstein
Zach Epstein Executive Editor

Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content.

Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment. His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.