The firm said its billionaire founder would not be relinquishing his role as chairman, rebutting earlier media reports.
But the 69-year-old said that a coming board shake-up would minimise his "personal influence".
"I feel that my personal influence should be toned down," he added. His comments were emailed to AFP by Foxconn.
Gou also said he plans to write a book to pass on the lessons of his 45 years of management experience.
"The present goal I set for myself is to let young people learn sooner in order to take over sooner and replace me sooner," he said.
When asked about his retirement plan at a shareholder meeting last year, Gou said he would not step down until the company's share price hit Tw$200 (USD 6.49).
Hon Hai rose 3.24 per cent to close at Tw$ 89.3 on the Taiwan bourse Monday.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)