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Foxconn shares drop after Chinese report on tax audit, land use probe
© Reuters. FILE PHOTO: A woman drives past the logo of Foxconn outside the company’s building in Taipei, Taiwan November 9, 2022. REUTERS/Ann Wang/File Photo
TAIPEI (Reuters) – Shares in Taiwan’s Foxconn dropped around 3% in morning trade on Monday after market open, following a report in Chinese state media that the company is the subject of tax audits and land use probes in China.
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