Taiwan’s Foxconn readies chip boss to succeed Gou as chairman: sources

By Yimou Lee TAIPEI (Reuters) - Foxconn is poised to nominate chip unit boss Liu Young to succeed Terry Gou as chairman in a surprise choice by the iPhone assembler, two people with direct knowledge of the matter said. The nomination of Liu, 63, who is also a board member of Foxconn's Japanese electronics unit Sharp Corp, would come after Gou, 68, said last week he would resign to demonstrate his determination to run in Taiwan's presidential election. Foxconn-founder Gou told Reuters in April that he planned to step down as chairman of the world's largest contract manufacturer, so that younger talent could move up the ranks

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