The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's building in Taipei

The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei

The US/China trade deficit may be huge but Chinese manufacturer Foxconn earns just $7.40 for every $800 iPhone that is sold; most of the value goes to Americans. Photo: Reuters/Tyrone Siu

May 19, 2018 12:24 PM (UTC+8)