• Home
  • Mobiles
  • Mobiles News
  • Foxconn Manager Indicted for Stealing, Selling Thousands of iPhones for Nearly $1.56 Million

Foxconn Manager Indicted for Stealing, Selling Thousands of iPhones for Nearly $1.56 Million

Foxconn Manager Indicted for Stealing, Selling Thousands of iPhones for Nearly $1.56 Million
Highlights
  • Foxconn's Tsai stole thousands of iPhone 5 and iPhone 5s
  • He made about $1.56 million out of those stolen iPhones
  • Tsai was charged with breach of trust & faces a maximum 10-year jail term

A former senior manager at Taiwan's technology giant Foxconn has been indicted for stealing and selling 5,700 iPhones in China to pocket around $1.56 million (roughly Rs. 10.6 crores), Taiwanese prosecutors said Friday.

Foxconn is the world's largest contract electronics maker and assembles products for international brands such as Apple and Sony. It employs about one million workers at its factories across China.

The Taiwanese manager, identified by his family name Tsai, worked in the testing department and instructed eight employees at Foxconn's factory in the southern mainland Chinese city of Shenzhen to smuggle out about thousands of iPhone 5 and iPhone 5s, prosecutors said.

Tsai and his accomplices sold the testing phones, which were supposed to be scrapped, to stores in Shenzhen and made nearly TWD 50 million ($1.56 million) from 2013 to 2014, said the New Taipei district prosecutor's office.

Foxconn reported the case to Taiwanese authorities following an internal audit and Tsai was questioned after he returned to the island earlier this year and was released on bail.

Tsai was charged with breach of trust and faces a maximum 10-year jail term according to prosecutors.

Foxconn has been hit with a number of scandals in recent years from employee misconduct to labour disputes.

In 2014, five former Foxconn employees were charged with breach of trust in Taiwan for allegedly soliciting TWD 160 million in kickbacks from suppliers in exchange for clearing quality checks and buying their equipment.

They were sentenced to up to 10 years and six months in prison by a district court in Taipei last month.

The company has also come under the spotlight over labour unrest, a spate of employee suicides and the use of underage interns at its Chinese plants in recent years.

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Foxconn, iPhones, Apple, Mobiles
Apple Shows Ambition to Get Into Self-Driving Car Race

Related Stories

Share on Facebook Tweet Snapchat Share Reddit Comment
 
 

Advertisement

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2021. All rights reserved.
Listen to the latest songs, only on JioSaavn.com