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Foxconn billionaire Gou announces Taiwan presidential bid

Terry Gou announced his campaign for Taiwan’s 2024 Presidential Election. Photo on the website of Taiwan’s the Central News Agency.

Foxconn’s billionaire founder Terry Gou announced Monday (28 August) that he will run for president of Taiwan as an independent candidate.

Gou made his fortune turning Foxconn into the world’s largest contract producer of electronics, including for Apple’s iPhones.

He has a long-running ambition to become the leader of the self-ruled island but failed this year in an attempt to become the opposition Kuomintang (KMT) party’s nominee for the January 2024 election.

Analysts predicted Gou had only a slim chance of winning, with three opposition candidates in the race against a united Democratic Progressive Party (DPP) whose nominee Lai Ching-te has been leading in polls.

But Gou positioned himself as a leader who could promote peace between…

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