Knocking Down the Bone Pile: Addressing End-of-life Component Solderability Issues, Part 4
Nolan’s Notes: Finding Your Sweet Spot
Standard of Excellence: Delivering Excellence—A Daily Goal
Foxconn Founder Terry Gou Steps Down as Director
September 7, 2023 | FoxconnEstimated reading time: 1 minute
Terry Gou, Founder of Hon Hai Technology Group (Foxconn), resigned as a director of the company due to "personal reasons".
The company has always aimed to improve corporate governance. Among the 9 directors of the current board of directors, more than half, or 5 seats, are comprised of independent directors. Following, Mr Gou’s resignation as a director, there is no need to immediately elect a director.
Gou founded Hon Hai Precision Industry Co Ltd – Foxconn’s formal name – 49 years ago. Under his leadership, the Group deepened R&D, innovated business models, and became the world's largest electronics manufacturing services (EMS) company. The Group is deeply grateful to the Founder for his nearly half-a-century of contribution to the Group, as well as the global electronics industry.
Gou officially handed over leadership of the Group to a professional manager four years ago. Hon Hai Technology Group (Foxconn) has continued to grow and thrive from its original, solid foundation. Last year, revenue exceeded NT$6 trillion and the company issued a record cash dividend since it first went public in 1991. It has been a positive example of succession among large global enterprises.
In addition to deeply cultivating the existing electronics industry, Foxconn also continues to transform. After Chairman and CEO Young Liu took over four years ago, his vision of three industries (electric vehicles, digital health, robotics) plus three core technologies (artificial intelligence, semiconductors, and next-generation communications) has been the main driver for the Group as it enters the next 50 years. The Group’s ”share, collaborate, thrive” proposition leverages its global standing to assist the 24 regions it operates in to bring local economic development and high-quality employment opportunities. No matter in the past or going forward, this is paving the way for the Group’s sustainable development and is also the greatest contribution in lifting the well-being of humanity.
Share on:
Suggested Items
Copper Price Surge Raises Alarms for Electronics
07/15/2025 | Global Electronics Association Advocacy and Government Relations TeamThe copper market is experiencing major turbulence in the wake of U.S. President Donald Trump’s announcement of a 50% tariff on imported copper effective Aug. 1. Recent news reports, including from the New York Times, sent U.S. copper futures soaring to record highs, climbing nearly 13% in a single day as manufacturers braced for supply shocks and surging costs.
Delta Electronics Thailand Ranked Among Asia’s Top Corporates at the Alpha Southeast Asia 15th Institutional Investor Awards
07/14/2025 | Delta ElectronicsDelta Electronics (Thailand) Public Company Limited, a global leader in power management and smart green solutions, has been recognized by global investors for its excellence in investor relations and corporate governance, earning top ranking in the “Most Improved Investor Relations” at the Alpha Southeast Asia 15th Annual Institutional Investor Awards for Corporates, held on June 30, 2025, in Singapore.
Kimball Electronics' Pride Month Celebrations
07/14/2025 | Kimball ElectronicsAt Kimball Electronics, we believe in fostering a culture of inclusion, respect, and belonging. This June, our global teams came together to celebrate PRIDE Month with meaningful actions that reflect our commitment to the LGBTQ+ community.
NOTE Posts Interim Report for Q2 2025
07/14/2025 | NOTENOTE reports stable second-quarter results for 2025 with continued profitability and strong cash flow, reaffirming its growth strategy despite a challenging market environment.
Scanfil, MB Elettronica to Join Forces
07/14/2025 | ScanfilFinnish Scanfil, the largest European stock exchange listed Electronic Manufacturing Service company in terms of turnover, and Italian MB Elettronica (“MB”) from Cortona Arezzo have agreed to join forces.