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

Advertisement
By Agence France-Presse | Updated: 5 December 2016 10:03 IST
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.

Advertisement

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.

Advertisement

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.

Advertisement

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.

Advertisement

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.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Foxconn, iPhones, Apple, Mobiles
Advertisement

Related Stories

Popular Mobile Brands
  1. Apple Back to School Sale: Grab These Deals on MacBook, iPad Models
  1. Google Rebrands NotebookLM as Gemini Notebook; Brings Cloud Computing and Search Integration
  2. Samsung Music Studio 5, Music Studio 7 Wi-Fi Speakers Launched in India
  3. Ostium Suspends Trading Following Oracle Security Incident Drains Millions
  4. Oppo’s New A Series, Upcoming OnePlus Mid-Range Smartphones Tipped to Launch With 10,000mAh Batteries
  5. WhatsApp Reportedly Rolls Out Mic Mode Controls for iPhone Calls
  6. Former Rockstar Games Developer Explains Why GTA 6 Maker Launches Games on PC After Consoles
  7. Samsung Galaxy Tab S12 Ultra CAD Renders Leaked Online; Reveals Familiar Look
  8. Apple Back to School Sale Now Live in India, Bringing Offers on MacBook Air, iPad Pro and More
  9. Realme Could Replace Realme UI With ColorOS 17 in India: Report
  10. Nubia NaviX Ultra Design, Colour Options Unveiled Ahead of July 17 Launch
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.