Taiwan will fine Foxconn for unauthorized investments to China

Yesterday, on December 17, Ministry economyTaiwan declared that will impose a penalty on one of the largest technological companies the countries, Foxconn, for violation of the local laws concerning foreign investments and the relations about China. The penalty is connected with that Foxconn did not notify in advance the Taiwan authorities on the plans to invest in the Chinese company Tsinghua Unigroup Ltd, engaged production chips. In July of Foxconn reported that bought a share in Tsinghua Unigroup Ltd through one of the Chinese divisions, thereby having caused questions in regulators. Last Friday Foxconn reported...