TAIPEI: The chairman of Taiwan's Foxconn, an assembler of Apple Inc's iPhones, said on Monday he plans to step down in the coming months to pave the way for younger talent to move up the company's ranks.
When asked by Reuters if he would quit as chairman, Gou said he was moving in that direction, although any decision needed to be discussed with the company's board."I don't know where you got the information from. But I have to say, basically, I'm working toward that direction - to walk back to the second line, or retire," Gou said."I'm already 69 years old. I can pass down my 45 years of experience.
The news comes as tech companies are seeking to diversify their customer base and move into emerging industries such as artificial intelligence and autonomous driving. Foxconn acquired control of Japan’s Sharp Corp in 2016 to try to boost the Taiwanese company’s advanced screen technology.
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