Foxconn Denies Terry Gou Retirement Plans
Dou Shicong
/SOURCE : yicai

(Yicai Global) April 15 -- Taiwanese manufacturing giant Foxconn, officially Hon Hai Precision Industry, has told Securities Times that a Reuters report suggesting Chairman Terry Gou plans to retire in the coming months in order to let younger talent run daily operations so he can focus on strategy are not true.

Reuters reported earlier today that the 68-year-old planned to talk to the board about stepping down from his role at the firm, the world's largest assembler of Apple iPhones.

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Keywords: Foxconn , Chairman