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Apple CEO Tim Cook's surprise visit to a Tencent gaming tournament in China comes amidst challenging iPhone 15 sales, Huawei's growing dominance, and geopolitical tensions. Cook's appearance at the Chengdu Apple Store event underscores China's importance to Apple. Concurrently, Apple's supplier, Foxconn, faces tax audits and land use probes in China, causing its shares to drop significantly. The investigations come just months ahead of a Taiwanese election, adding another layer of complexity to Apple's situation.
China initiates tax probes into Apple iPhone manufacturer Foxconn https://t.co/u8JHysxa43 https://t.co/pWJC4EY3G4
Chinese authorities launched a tax investigation into Foxconn, a Taiwan-based company that is the biggest maker of iPhones and one of the largest employers in the world. https://t.co/fLWlXwWxKh
China investigates Apple’s iPhone-assembler Foxconn https://t.co/tsEVmlp7VS by Ed Hardy
Terry Gou, founder of Foxconn: I'm running for president of Taiwan, and I won't be pressured by Beijing. Beijing: Let's see how you feel after we open an investigation into the alleged tax issues of Foxconn -- arguably Apple's most important supplier -- sending Foxconn's… https://t.co/e0J1yJY0rJ
$AAPL (-1.2% pre) Apple iPhone maker Foxconn being investigated in China as founder runs for Taiwan presidency - CNN (1/3) https://t.co/VJn0dSlvwX
Shares in iPhone-maker Foxconn tumbled following a report that the firm faces investigation by watchdogs in China, including tax audits and probes over land use https://t.co/Y0rCT5rbEW https://t.co/VOFAq3B8ep
China launches tax investigations into Apple iPhone maker Foxconn https://t.co/8OqQd1FC2J
Taiwan defends Foxconn over China tax probe https://t.co/EMHIKqNFoX
Apple supplier Foxconn said it is cooperating with authorities after Chinese state media said the contract manufacturer, whose founder is seeking Taiwan's presidency, is subject to tax and land-use investigations across China. @yoyominnie @joyuwang https://t.co/wby0eEmU46
WATCH: Shares in Taiwan's Foxconn, a major supplier of Apple's iPhones, dropped after a report that the company is the subject of tax audits and land use probes in China https://t.co/QR3ZiVq1ma https://t.co/9HdUkEi7xu
Shares in Taiwan's Foxconn, a major supplier of Apple's iPhones, dropped after a report that the company is the subject of tax audits and land use probes in China https://t.co/Y0rCT5rbEW https://t.co/QyB0Ijig4w
Shares in Taiwan's Foxconn, a major supplier of Apple's iPhones, dropped as much as 3% after a report the company is the subject of tax audits and land use probes in China just months ahead of a Taiwanese election https://t.co/xrNry0Qa6U
Shares in Taiwan's Foxconn, a major supplier of Apple's iPhones, dropped as much as 3% after a report the company is the subject of tax audits and land use probes in China just months ahead of a Taiwanese election https://t.co/dXeTHnbW0G
China tax authorities have conducted tax inspections on key enterprises of the Foxconn Group in Guangdong, Jiangsu, and other regions FOXCONN LIMIT DOWN -10% ***
"🇨🇳 authorities are again shaking the confidence of foreign companies w/a series of arrests & an investigation into #Foxconn, #Apple (AAPL)’s most important partner & one of the largest employers in #China" https://t.co/E8iLnL582q
Chinese authorities are again shaking the confidence of foreign firms with a series of arrests and an investigation into Foxconn, Apple’s most important partner and one of the largest employers in China https://t.co/8NsMsVku9e
Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations https://t.co/XDk1ru07J7
Apple supplier Foxconn says it will cooperate with Chinese authorities on tax, land use investigations https://t.co/7jLCnXZSh8
FYI, the Chinese officials that talked about the Foxcon case in similar language as Chinese companies emphasizing they have social responsibility such as "promoting cross strait relations". Even at this stage, China signaling this is about much more than a tax issue
Key iPhone assembler Taiwan’s Hon Hai, also known as Foxconn, says it will collaborate with Chinese authorities on unspecified probes. @EngleTV reports https://t.co/pBWSslrFEJ https://t.co/HZfFV0wL2H
Key iPhone assembler Taiwan’s Hon Hai, also known as Foxconn, says it will collaborate with Chinese authorities on unspecified probes. @EngleTV reports https://t.co/6OxYJoeksM https://t.co/p7752RbCbX
iPhone assembler Hon Hai, also known as Foxconn, falls the most in months after Beijing launches investigations into its operations in China https://t.co/F9SWLiwPzi
iPhone assembler Hon Hai, also known as Foxconn, falls the most in months after Beijing launches investigations into its operations in China https://t.co/O1BiRJd6Q6
iPhone assembler Hon Hai, also known as Foxconn, falls the most in months after Beijing launches investigations into its operations in China https://t.co/d7BogdwXxY
iPhone assembler Hon Hai, also known as Foxconn, falls the most in months after Beijing launches investigations into its operations in China https://t.co/Dq50Z4cttt
Foxconn shares drop after Chinese report on tax audit, land use probe https://t.co/iGqJrWe9oz https://t.co/RYqDAzUMLW
The Global Times: China launches an investigation into Foxconn over tax and land use and inspects multiple sites; Foxconn plans to cooperate (Financial Times) https://t.co/W73m2NuWxJ 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/aLpMeqs31N
Tim Cook meets with China commerce minister amid reports of disappointing iPhone 15 sales https://t.co/1gkxR7QHfa by @ChanceHMiller
Apple CEO Tim Cook cheered on gamers at an event during a surprise visit to China, underscoring the market’s importance to the iPhone giant at a time when it faces mounting challenges. https://t.co/Okhr3deTCo
$AAPL 🔸 CHINA'S COMMERCE MINISTER WANG WENTAO MET WITH APPLE'S TIM COOK IN CHINA
Tim Cook crashes a Chinese e-sports tournament as Apple faces competition and censorship in its most important non-U.S. market https://t.co/DttsUEGk7O
Apple CEO Tim Cook makes a surprise visit to China as the iPhone 15 gets off to a challenging start. @dee_bosa reports. https://t.co/8J68PBrDQQ https://t.co/efF5f50Oy7
Tim Cook surprises gamers at Apple's Taikoo Li store in China https://t.co/FgQpro1vkC #Apple
$AAPL CEO Tim Cook visits China amid reports of slumping iPhone 15 sales. IDC research director @NabilaPopal discusses the outlook for the tech company in China amid sliding sales, Huawei's dominance, geopolitical tensions, and the chip war: @Nasdaq https://t.co/r4rx2cxqq4
Apple CEO Tim Cook's visit to China amid iPhone demand challenges https://t.co/e9VKQGfSEp https://t.co/gPrdsoGeRj
Tim Cook turns up at Chinese games tournament as company caught in diplomatic cross-fire https://t.co/oGRcf5uLiN by @benlovejoy
$AAPL (-0.3% pre) Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start - CNBC https://t.co/sSuHIk6LiP
Tim Cook makes a rare visit to China, appearing at a contest for Tencent's Honor of Kings game in the Chengdu Apple Store, as the US ramps up its chip sanctions (Bloomberg) https://t.co/bjOesRxUrM 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/pevhsyqLSH
Apple CEO Tim Cook began an unannounced trip to China with a visit to an Apple Store where gamers were competing in an "Honor of Kings" tournament. By @WGallagher https://t.co/eVPV7Jt3e9
Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start https://t.co/yKhm9PrqES
Apple CEO Tim Cook makes surprise visit to China as iPhone 15 gets off to a challenging start https://t.co/fQxJUKBlYG
In 50 Words: Tim Cook’s Tencent event visit hints at Apple’s China focus https://t.co/TUpiwYg9Of
Apple's Tim Cook showed up at a Tencent gaming tournament in China, an endorsement for one of the biggest earners on the app store as uncertainty persists about the US company’s top overseas market https://t.co/veedOJB0oM
Apple's Tim Cook showed up at a Tencent gaming tournament in China, an endorsement for one of the biggest earners on the app store as uncertainty persists about the US company’s top overseas market https://t.co/gk2xTqvHeO
Apple's Tim Cook showed up at a Tencent gaming tournament in China, an endorsement for one of the biggest earners on the app store as uncertainty persists about the US company’s top overseas market https://t.co/7TfKsLARQr