"Taiwanese Billionaire Terry Gou Steps Down from Foxconn Board to Pursue Presidential Ambitions"

Terry Gou, billionaire founder of Foxconn, has resigned from the company's board of directors after announcing his bid for Taiwan's presidency. Gou, who has a net worth of $6.8 billion, founded Foxconn in 1974 and grew it into one of the world's largest electronics manufacturers. He has joined the China-friendly Kuomintang party and will run as an independent candidate in the 2024 presidential election. Gou's resignation comes amid tensions between Taiwan and China, and he has been critical of Taiwan's independence movement.