The other Foxconn’s chairman to retire January 1

Foxconn International Holdings, another manufacturing division at Hon Hai that hasn’t reached the same success as Foxconn Technology Group, is getting a new chairman.
The company’s board of directors announced (PDF) today that Samuel Chin, its current executive director and chairman, will retire on January 1 to spend more time with his family. Tong Wen-hsin, another company director, will replace Chin as chairman. However, Chin will stay on an advisor to the chairman for a period of 12 months.
“The Company would like to take this opportunity to express its gratitude to Mr. Chin for his…

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