Hon Hai Precision Industry Co. signage is displayed outside the company’s headquarters in the Tucheng district of New Taipei, Taiwan. (Photographer: Ashley Pon/Bloomberg)

iPhone Maker Hon Hai Names New Chairman to Replace Terry Gou

(Bloomberg) -- Hon Hai Precision Industry Co., the largest assembler of Apple Inc.’s iPhones, has named Young Liu its new chairman to replace billionaire founder Terry Gou.