December 2, 2020

Market and Financial News Aggregator

Apple says Pegatron put on probation after violating supplier code of conduct By Reuters

2 min read

© Reuters. FILE PHOTO: The logo of Apple company is seen outside an Apple store in Bordeaux

SHANGHAI (Reuters) – Apple (O:) has put its Taiwanese supplier Pegatron (TW:) on probation after finding that the company violated Apple’s supplier code of conduct, the iPhone manufacturer said on Monday.

“Several weeks ago, we discovered Pegatron – one of Apple’s suppliers in China – violated Apple’s Supplier Code of Conduct in its administration of a student work study program,” it said in a statement.

“Apple has placed Pegatron on probation and Pegatron will not receive any new business from Apple until they complete all of the corrective actions required.”

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Reuters


2020-11-09 00:40:27


Read more from source here…

Leave a Reply