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Apple Inc (NASDAQ: AAPL) supplier Luxshare Precision Industry Co said it is under investigation for patent infringement, Reuters reported Monday (Shanghai Time).
What Happened: Luxshare said in a regulatory filing that it had been informed of two notices issued by the United States International Trade Commission related to a Section 337 investigation field against it by
Amphenol Corporation (NYSE: APH), according to Reuters.
Amphenol a Connecticut-based manufacturer of interconnect products reportedly filed the complaint last month, alleging that certain electric components imported into the U.S. from Luxshare infringe on its patents for connector cables.
The concerns over the patent infringement sent Luxshare stock plummeting 9.5% in Shanghai on Monday.
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Apple Inc’s (NASDAQ: AAPL) Asian supply chain has been rocked by protests in both China and India over unpaid wages and bonuses, the Financial Times reported Sunday.
What Happened: On Friday and Saturday, more than 100 workers on the iPhone maker’s assembly lines protested in China over unpaid bonuses, according to FT.
The demonstration against Taiwanese Pegatron Corporation was centered around unpaid bonuses of RMB 10,000 ($1,530) each, according to China Labor Watch.
The workers raised the slogan, “Give us back our blood and sweat money,” as per a video seen by FT.
Last week, Apple workers in India vandalized a factory of Taiwan’s Wistron Corporation and claimed they were brutally “exploited.”
2020/12/15 16:49 (Linkedin, Wistron photo) (Linkedin, Wistron photo) TAIPEI (Taiwan News) Chinese media outlet The Paper on Tuesday (Dec. 15) described India s ambition to replace Chinese manufacturing as a mere dream in response to the recent riot that erupted at an iPhone factory run by Taiwan s Wistron Corporation (緯創資通) in southern India, relying on racially demeaning characterizations to make its point. On Saturday (Dec. 12), a Wistron manufacturing plant in Narasapura was looted by nearly 2,000 workers who accused the Taiwanese iPhone maker of violating employment contracts by making payroll cuts. Numerous pieces of furniture and assembly units at the factory were destroyed while thousands of iPhones were reportedly stolen.