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Foxconn Chairman Terry Gou Says He Goals to Step Down in Coming Months

The chairman of Taiwan’s Foxconn, assembler of Apple’s iPhones, instructed Reuters on Monday he plans to step down within the coming months, saying he needs to pave the way in which for youthful expertise to maneuver up the ranks of the corporate.

Terry Gou, talking on the sidelines of an occasion in Taipei, stated that whereas he deliberate to step down as chairman, he hoped to stay concerned in strategic selections relating to the corporate’s enterprise.

He stated his plans could be mentioned with the board of Foxconn, the world’s largest contract producer, formally often known as Hon Hai Precision Business.

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© Thomson Reuters 2019

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