On December 2nd, Beijing time, Foxconn International CEO Chen Weiliang announced his departure. Foxconn said that Chen Weiliang will continue to serve as chairman of the company's board of directors. The industry believes that Foxconn's mobile phone business will face transformation. It is reported that Chen Weiliang had played a major role in the cooperation with Nokia. However, due to sudden changes in the mobile phone market in recent years, new customer cooperation has been hampered, so there is an urgent need to adjust the mobile phone business.
"Foxconn International must transform itself in business before it is possible to get out of the current predicament. This also requires new leaders," said one supplier.
Foxconn stated that Chen Weiliang's departure was due to his desire to focus more on the family side. Since then, he has remained as chairman of the company's board of directors and has participated in the formulation and review of company business plans and strategies. The position of Chief Executive Officer was taken over by Tian Tianxuan, Vice President of Foxconn Technology Group.
Jingkesai Electric Co., Ltd. , http://www.hobaoelec.com