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Foxconn Not A High-tech Enterprise Under China's New Standard?

Aggregated Source: ChinaTechNews.com
June 18, 2008|

With the cancellation of Shenzhen's local standards and the adoption of China's new national standard regarding high-tech enterprises, companies like Foxconn may no longer meet China's definition for being high-tech, which could greatly affect their tax payments. Foxconn's company introduction says that "Foxconn group is a high-tech enterprise, invested at mainland China by Hon Hai Precision [...]

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