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Foxconn Manager steals 5700 iPhones worth $1.56 Million, could face 10-year jail term

As most of you know, Foxconn is a Taiwanese multinational company which also is one among the world’s largest contract electronics manufacturers. Now a former senior manager has been accused of stealing iPhones in China which is estimated to cost around $1.56, Million. It is said that 5,700 iPhones were stolen in China and the accused who is identified as Tsai, has sold them in the retail markets.

Foxconn has been in the limelight in the recent past, while in 2014 five of their employees were charged with breach of trust in Taiwan and also for the labor unrest, where its employees threatened to commit suicides in protest of their working conditions. The company also employs about one million workers at its factories which are spread across China. The accused was identified as a Taiwanese manager and was working in the testing department, who instructed eight of his employees at Foxconn’s factory to smuggle out the few thousand iPhone 5 and iPhone 5s devices. This facility is located in the southern mainland Chinese city of Shenzhen. The prosecutors also said that Tsai and his accomplices sold these testing phones which are supposed to be scrapped to stores in Shenzhen.

The accused nearly made TWD 50 million (approx 1.56 Million) from 2013 to 2014 and the same was reported by Foxconn to the Taiwanese authorities which were followed by an internal audit where Tsai was questioned after his return on bail. He is now charged with breach of trust and will be facing a maximum of 10-year jail term. Apple is always known for maintaining the secrecy of their upcoming products though there has been no connection to earlier leaks in this incident.

Earlier it was reported that Apple had a plan to start manufacturing iPhones in India and it has approached Foxconn to look at the possibility of making iPhones in India. Asus, also partnered with Foxconn to start manufacturing its Zenfone series devices under the Make in India project. Companies like Vivo, Karbonn, Xiaomi, Celkon and Gionee also took the initiatives to make their handsets in India.

There is still a huge craze in the market for the iPhone 5 series since recently we have also seen two Indians were caught for robbing a truck in New Delhi which was carrying more than 1,000 iPhone 5S smartphones that were worth more than Rs 2.25 crore. We need to wait to know more on this incident & what could be the penalty the Foxconn’s manager would face.. Do drop your views below and stay tuned to PhoneRadar for more.

By Pavan Kumar B.C on Monday 5th of Dec 2016


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