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Home / Gadgets / Foxconn CEO Terry Gou plans to step back, confirming that iPhone production will begin in India

Foxconn CEO Terry Gou plans to step back, confirming that iPhone production will begin in India



Terry Gou, President and CEO of Foxconn, plans to step back from the day-to-day business of the company over the next few months.

Getty Images / New York Post


From South China Morning Post :

"I'm already 69 years old. I hope to give my 45 years experience to young people, Gou said on the side of an event in Taipei on Monday. "That's the goal I set up – let young people learn earlier and take over my position earlier. Then I have more time to make long-term planning for the company.

Gou, 69, founded Foxconn in Taiwan in 1

974. The company has grown to become the world's largest electronics manufacturer and collects well-known products from iPhones and iPads to the Nintendo Switch and PlayStation 4.

Gou also confirmed that Foxconn will soon start iPhone production in India, although he did not draft the plans. Last week, a report claimed that Foxconn will start producing the iPhone X in India in July. The Foxconn rival Wistron is already collecting older models like the iPhone SE and iPhone 7 in India.

Last week, Apple announced that Foxconn and over two dozen other companies in that supply chain were committed to using 100 percent renewable energy when manufacturing Apple products.


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