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Foxconn's Terry Gou bids farewell to shareholders as chairman

Tycoon turns to politics, but his influence over tech empire remains

Foxconn's Terry Gou speaks during a press conference on June 21 in New Taipei, Taiwan. (Photo by Ken Kobayashi)

NEW TAIPEI, Taiwan -- Foxconn's Terry Gou, after 45 years of running the tech empire he founded, said goodbye to shareholders and employees Friday morning in his final official appearance as company chairman.

The Foxconn boss will be succeeded as chairman by semiconductor business chief Young Liu, who was widely expected to take up the post.

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