Foxconn chairman, Gou, intends to retire in the coming months



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FILE PHOTO: Terry Gou, founder and president of Foxconn, attends an industrial internet forum at the Fifth World Internet Conference (WIC) in Wuzhen, Zhejiang Province, China, on August 8th. November 2018. REUTERS / Jason Lee

TAIPEI (Reuters) – Taiwan-based group president Foxconn, badembler of Apple's iPhones, told Reuters on Monday that it plans to resign in the coming months, saying it wants to pave the way for young talent.

Terry Gou, speaking on the sidelines of an event in Taipei, said that if he planned to withdraw from the presidency, he hoped to remain involved in strategic decisions regarding the company's activities.

He said his plans would be discussed with Foxconn's board of directors, the world's largest contract manufacturer, formerly Hon Hai Precision Industry Co Ltd.

The reports of Yimou Lee; Written by Anne Marie Roantree; Edited by Muralikumar Anantharaman

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