The head of the Foxconn Technology Group declares that he is preparing to step down from the daily operations at the globe’s biggest electronics provider.
Terry Gou informed reporters on April 15 at an event held in Taipei that he needs to work over a book about his management philosophy polished over 45 years as well as organize a younger generation in order to ultimately take over processes at the company.
Foxconn counts Google, Apple and Amazon as consumers and has held it will create a manufacturing facility in the US state of Wisconsin.
The 69-year-old Gou stated he might continue to direct the "major direction" of Foxconn, but then will "gradually step back from the front-line operations."
He also said he felt "I should tone down my personal influence" in business problems as well as consent added time for long-standing plans.