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Apple Puts Manufacturing Partner Pegatron On Probation For Violating It’s Supplier Code of Conduct

By John F. Heerdink, Jr.

Reportedly, Apple Inc (AAPL) has put its Taiwanese supplier Pegatron on probation after the company was found to be violating Apple’s supplier code of conduct by asking student employees to work night shifts or overtime. As per reports, Apple stated that Pegatron had misclassified and misinformed about student workers and falsified paperwork to disguise the policy violations.

Pegatron issued a statement that students working at its Shanghai and Kunshan campuses were not complying with local rules and regulations and they had now been taken off the production and were given “proper compensation.”

Pegatron and Foxconn dominate Apple’s iPhone assembly chain.

Dow 30 component Apple (AAPL) has revolutionized personal technology with the introduction of the Macintosh in 1984. Today Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Apple’s four software platforms — iOS, macOS, watchOS, and tvOS — provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. Apple’s more than 100,000 employees are dedicated to making the best products on earth, and to “leaving the world better than they found it. To learn more about Apple (AAPL) and track its ongoing progress at Vista Partners Apple (AAPL), Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.


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(Read Original Story: Apple puts Taiwanese supplier Pegatron on probation over student workers in Reuters)


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