Foxconn Founder and CEO Planning to Retire
Tuesday, April 16th, 2019 -- 7:59 AM
(WRN) -Foxconn's founder and CEO is reportedly planning to retire.Reuters reports 69 year-old Taiwanese electronics executive Terry Gou wants "to pave the way for younger talent." Foxconn plans to make an 11-figure investment in Racine County and other parts of Wisconsin for flat-screen panel production.
The state and other local governments are offering Foxconn four-billion-dollars worth of incentives, with the aim of creating 13-thousand jobs.
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