Foxconn chairman Gou says he aims to step down in coming months

FAN Editor
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, attends a forum on industrial internet at the fifth WIC in Wuzhen
FILE PHOTO: Terry Gou, founder and chairman of Foxconn, attends a forum on industrial internet at the fifth World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, November 8, 2018. REUTERS/Jason Lee

April 15, 2019

TAIPEI (Reuters) – The chairman of Taiwan’s Foxconn, assembler of Apple Inc’s iPhones, told Reuters on Monday he plans to step down in the coming months, saying he wants to pave the way for younger talent to move up the ranks of the company.

Terry Gou, speaking on the sidelines of an event in Taipei, said that while he planned to step down as chairman, he hoped to remain involved in strategic decisions regarding the company’s business.

He said his plans would be discussed with the board of Foxconn, the world’s largest contract manufacturer, formally known as Hon Hai Precision Industry Co Ltd.

(Reporting By Yimou Lee; Writing by Anne Marie Roantree; Editing by Muralikumar Anantharaman)

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