Key Apple Inc. manufacturing partner Foxconn Technology Group has appointed a new boss for its iPhone assembly business after a tumultuous year in China. Know more:
Key Apple Inc. manufacturing partner Foxconn Technology Group has appointed a new boss for its iPhone assembly business after a tumultuous year in China, highlighting the company’s efforts to ready a new generation of leaders to help it navigate a post-Covid world.
The appointment is part of efforts by Chairman Young Liu of Foxconn’s flagship unit Hon Hai Precision Industry Co. to elevate younger executives to maintain the company’s supply chain leadership in the face of growing competition from Chinese contenders. Foxconn may also face new rivals in India as Apple seeks to further diversify its production footprint following pandemic-related supply snarls and draconian restrictions that wrought havoc on device output in China.
Chiang has a master’s degree in human resources development from California’s Claremont Graduate University and he joined Foxconn in 1999, according to a wide-ranging interview he did with an insurance broker company that was posted online in June 2021. The appointment highlights Foxconn’s efforts in recent years to foster a younger cohort of executives to help the company navigate prolonged tensions between Washington and Beijing, diversify its manufacturing bases outside of China, and fend off Chinese challengers including Luxshare Precision Industry Co.
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