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Foxconn head says he's stepping back from daily operations

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AP Taipei
Last Updated : Apr 16 2019 | 11:35 AM IST

The head of Foxconn Technology Group says he is planning to step away from day-to-day operations at the world's largest electronics provider.

Terry Gou told reporters Monday at an event in Taipei that he wants to work on a book about his management philosophy honed over 45 years and prepare a younger generation to eventually take over operations at the company.

Foxconn counts Apple, Google and Amazon as customers and has said it will build a manufacturing facility in the U.S. state of Wisconsin.

The 69-year-old Gou said he would continue to guide the "major direction" of Foxconn, but would "gradually step back from the front-line operations."

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First Published: Apr 16 2019 | 11:35 AM IST

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