Pegatron Says Apple Relationship Ok Post Kickback Scandal
Apple supplier Pegatron has admitted to being “aghast” at the kickback scandal involving an Apple manager and its recently-acquired Kaedar subsidiary — but says it shouldn’t affect relations between the two firms. Apple employee Paul Devine pleaded not guilty to money laundering and wire fraud charges after prosecutors said he received at least $1 million from half a dozen Asian suppliers for providing information. Through an elaborate system of bank accounts and a front company, Devine took payments in exchange for sharing confidential data, including sales forecasts for unreleased iPod and iPhone models, product roadmaps and sales reports....