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Foxconn’s Gou steps away from Taiwan Presidential race
- Wednesday | 18th September, 2019
TAIPEI (Reuters) – Terry Gou, founder of Apple supplier Foxconn, in a surprise move on Monday said he will not contest in Taiwan’s 2020 presidential election. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said in a statement late on Monday he would not join the already competitive race, after losing the presidential nomination from the opposition, China-friendly Kuomintang party (KMT) in mid-July. “I have decided not to join the petition to run for president in 2020,” Gou said in a statement, apologizing to supporters who had urged him to run for the presidency. “I’d also like to say ‘thank you’ to everyone for your support and love,” Gou said. “We always believe that Chairman Gou will make the best decision that benefits the Republic of China,” KMT said in a statement, using Taiwan’s official name.
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