Foxconn's head says he's pulling out of daily operations

TAIPEI, Taiwan (AP) – The head of Foxconn Technology Group has announced plans to move away from the day-to-day operations of the world's largest electronics supplier.

Terry Gou told reporters Monday at an event in Taipei that he wanted to write a book on his advanced management philosophy for 45 years and prepare a new generation to take charge of the management of the company. business. Foxconn has customers like Apple, Google and Amazon and announced the construction of a manufacturing facility in the US state of Wisconsin.

Mr. Gou, 69, said he would continue to guide Foxconn's "big direction," but that he "would gradually withdraw from front-line operations."

He stated that he thought "I should mitigate my personal influence" in the business of the business and leave more time for long-term planning.

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