According to a new report, Taiwan police officers have arrested around a dozen managers at Foxconn on suspicion of soliciting several million in bribes from iPhone parts suppliers. Vendors reportedly had to pay 2.5% in kickbacks and other off-the-books fees to secure orders.
The group of arrested employees includes some pretty high-level Foxconn executives like Deng Zhixian, director general for Foxconn's committee of surface mount technology, and retired senior vice president Liao Wancheng, who police think was the mastermind of the scheme...