Foxconn replaces chief of iPhone assembly business after tumultuous year

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.

Michael Chiang was first identified in his new role at Taiwan-based Foxconn’s annual year-end party on Sunday, succeeding longtime leader Wang Charng-yang as head of the division responsible for iPhone assembly. Chiang was recently promoted to chief of the A business group as Wang steps back to focus on a role on the board, according to people