A Foxconn manager stole 5700 iPhone units

A manager of the company Foxconn, the main manufacturer of iPhone terminals for the company Apple, stole 5700 iPhone terminals from a factory in Shenzhen, China. We are talking about iPhone 5 and iPhone 5S terminals that the man managed to steal over an undetermined period of time, selling them at an estimated price of 1.5 million dollars.

9 people participated in the commission of the crime, the manager and 8 more employees of the Foxconn company, but only the manager risks being sentenced to a 10-year prison sentence. A simple calculation shows that the average price of the devices would be approximately 263 dollars per piece, and this in the conditions where the thefts took place in 2013 and 2014.

Foxconn discovered the problem only this year, following an internal audit, so for almost 3 years 5700 iPhone terminals have disappeared without a trace. It is amazing how it took Foxconn so long to realize that so many terminals were stolen, but there is an explanation for this.

The 5700 terminals that disappeared without a trace were actually supposed to be destroyed, as they were used to test some of the new functions implemented in each model. The manager trained his employees to steal the devices and probably gave them a fraction of the $1.5 million he would have earned from them.

Having said that, it will be interesting to see what punishment this skilled manager of the Foxconn company will be sentenced to, his ingenuity bringing him a very large amount of money.

"A former senior manager at Taiwan's technology giant Foxconn has been indicted for stealing and selling 5,700 iPhones in China to pocket around US$1.56 million. The Taiwanese manager worked in the testing department and instructed eight employees at Foxconn's factory in the southern mainland Chinese city of Shenzhen to smuggle out about thousands of iPhone5 and iPhone5s, prosecutors said."

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