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HomeBusinessTaiwan security officials want Foxconn to drop stake in Chinese chipmaker

Taiwan security officials want Foxconn to drop stake in Chinese chipmaker

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© Reuters. FILE PHOTO: A poster with a logo of Foxconn is seen at the IEEE Global Communications Conference in Taipei. Taiwan, December 9, 2020. REUTERS/Ann Wang

(Reuters) – Taiwan’s national security officials want to force Apple Inc (NASDAQ:)’s supplier Foxconn to unwind an $800 million investment in Chinese chipmaker Tsinghua Unigroup, Financial Times reported on Wednesday.

The deal will definitely not go through, FT reported, citing a senior Taiwanese government official involved in national security issues.



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