Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said Terry Gou ...
TAIPEI - Taiwan’s Foxconn, an assembler of Apple Inc’s iPhones, said Terry Gou will remain chairman of the world’s largest contract manufacturer, though he plans to withdraw from daily operations.
The comment came after Reuters reported that Gou said he planned to step down in coming months to allow younger talent to move up the tech firm’s ranks. Asked by Reuters on Monday if he would quit as chairman, Gou said, at 69 years old, he was moving in that direction, though any decision needed to be discussed with Foxconn’s board.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd, is due to hold its annual general meeting in June.
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