Foxconn Issues Correction to Reuters Report

The following statement was issued by the Foxconn Technology Group in response to the Reuters article announcing Terry Gou’s retirement:

FOXCONN TECHNOLOGY GROUP STATEMENT

Contrary to the inaccurate report by Reuters, Mr. Gou will remain the Chairman of Foxconn Technology Group.

His wish is to withdraw from daily operations after having developed and mentored a new generation of talent to carry on Foxconn’s mission. As Chairman, Mr. Gou will continue to provide strategic direction and guidance.

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