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Foxconn head says he's stepping back from daily operations

AP  |  Taipei 

The of Technology Group says he is planning to step away from day-to-day operations at the world's largest provider.

told reporters Monday at an event in that he wants to work on a book about his management philosophy honed over 45 years and prepare a younger generation to eventually take over operations at the company.

counts Apple, and as customers and has said it will build a in the U.S. state of

The 69-year-old Gou said he would continue to guide the "major direction" of Foxconn, but would "gradually step back from the front-line operations."

He said he felt "I should tone down my personal influence" in company matters and leave more time for long-term planning.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 16 2019. 11:35 IST