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Terry Gou

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politics2 years ago•3 min saved

Terry Gou's Exit from Taiwan Presidential Race Eases Foxconn's Concerns

Terry Gou, the billionaire founder of Foxconn, has withdrawn from the race to be Taiwan's next president, bringing relief to the major Apple supplier and iPhone manufacturer. Gou, who blamed the ruling Democratic Progressive Party for antagonizing China, had consistently polled far behind his rivals. His decision came after a Chinese newspaper reported an investigation into Foxconn, potentially affecting its operations in China. Gou's withdrawal is a relief for Foxconn's senior management, who had assessed contingency plans in response to the investigation.

via Reuters|

#foxconn #politics #presidential-race

business2 years ago•0 min saved

China's Probes on Foxconn: Pressure Mounts on Taiwanese Tycoon Gou

Chinese authorities are investigating Terry Gou, the founder of Foxconn, the world's largest contract electronics manufacturer, over allegations of illegal activities in China. The probe comes as tensions between China and Taiwan continue to escalate, with China warning Taiwanese businesspeople to be cautious and avoid getting involved in political activities. Foxconn has been a major player in the tech industry, manufacturing products for companies like Apple, and this investigation could have significant implications for the company and its founder.

via Financial Times|

#business #china #foxconn

politics2 years ago•1 min saved

Terry Gou Reveals Running Mate for Presidential Bid

Terry Gou, founder of Hon Hai Precision Industry Co. and aspiring presidential candidate for Taiwan's 2024 election, has announced singer-actress Tammy Lai as his potential running mate. Gou highlighted Lai's communication skills and female perspective, emphasizing the importance of promoting gender equality. As an independent candidate, Gou must collect signatures from around 290,000 people by November 2 to qualify for the ballot. If successful, he will compete against Vice President Lai Ching-te, New Taipei Mayor Hou Yu-ih, and Taiwan People's Party Chairman Ko Wen-je in the upcoming elections on January 13, 2024.

via Focus Taiwan|

#gender-equality #politics #presidential-election

businesspolitics2 years ago•1 min saved

"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.

via CNN|

#businesspolitics #foxconn #presidency

politics2 years ago•2 min saved

Terry Gou Steps Down from Foxconn Board to Pursue Taiwan Presidency

Terry Gou, the billionaire founder of Foxconn and major Apple supplier, has resigned as a board member of the company, just days after announcing his bid for the Taiwanese presidency. Gou, who stepped down as Foxconn's chairman in 2019, cited "personal reasons" for his resignation. He is running as an independent candidate in the upcoming presidential election, but his poll numbers currently lag behind the ruling Democratic Progressive Party's front-runner, William Lai. Gou's entry into the race has raised concerns about splitting the anti-DPP vote.

via Yahoo News|

#foxconn #politics #presidential-election

politics2 years ago•2 min saved

Terry Gou Steps Down from Foxconn Board to Pursue Taiwan Presidency

Terry Gou, the billionaire founder of Foxconn, has resigned as a board member of the company after announcing his bid for the Taiwan presidency. Gou, who stepped down as Foxconn's chairman in 2019, is running as an independent candidate in the upcoming presidential election. His resignation from Foxconn is said to be due to "personal reasons." Gou's entry into the race has raised concerns about splitting the anti-DPP vote, with the ruling Democratic Progressive Party's William Lai currently leading in the polls. The election takes place amidst increased tensions between Taiwan and China.

via Reuters|

#election #foxconn #politics

politics2 years ago•5 min saved

Billionaire's Second Presidential Bid Shakes Up Taiwan's Election Battle

Terry Gou, the billionaire founder of Foxconn, has announced his second presidential campaign in Taiwan, joining a crowded field of candidates challenging the independence-leaning Democratic Progressive Party (DPP). The upcoming election, set for January 2024, comes at a tense moment as China increases military pressure on Taiwan. Gou's campaign focuses on avoiding war with China by advocating for a "one-China framework" and immediate talks with Beijing. However, his bid as an independent candidate may further divide the opposition vote, potentially benefiting the DPP's candidate, Vice President Lai Ching-te. Gou's candidacy has raised concerns about his susceptibility to Chinese pressure, despite his claims to the contrary.

via CNN|

#china #democratic-progressive-party-dpp #politics

politics2 years ago•4 min saved

Terry Gou, iPhone Maker, Makes Presidential Bid for Taiwan

Terry Gou, the billionaire founder of Foxconn and major Apple supplier, has announced his bid to become Taiwan's next president. Gou, who blames the ruling Democratic Progressive Party's hostility towards Beijing for rising tensions with China, aims to unite the fractured opposition and "take down the DPP." Despite previous failed attempts to secure the Kuomintang (KMT) ticket, Gou's direct language and business acumen have drawn crowds in pseudo-campaign events across Taiwan. Having built Foxconn into one of the world's largest private-sector employers, Gou's connections include Chinese President Xi Jinping. He vows to start negotiations with China if elected, based on the idea that both sides belong to one China but can interpret it differently.

via Reuters|

#china #foxconn #politics

politics2 years ago•2 min saved

Foxconn Founder Terry Gou Announces Taiwan Presidential Bid

Terry Gou, the billionaire founder of Foxconn, has announced his bid for the presidency of Taiwan as an independent candidate in the 2024 elections. Gou, who previously failed to secure the nomination from the Kuomintang party, has been critical of the ruling Democratic Progressive Party's policies and aims to avoid war with China. He must gather 300,000 voter signatures by November 2 to qualify as an independent candidate. The current vice president, William Lai, is the favorite to win the election, with former Taipei mayor Ko Wen-je and Hou Yu-ih trailing behind in the polls. Gou has called for unity among opposition candidates to challenge the ruling party.

via Reuters|

#china #independent-candidate #politics

politics2 years ago•0 min saved

Foxconn's Terry Gou declares presidential candidacy in Taiwan

Terry Gou, founder of Foxconn, has announced his independent bid for Taiwan's presidency, becoming the fourth candidate in the upcoming January 2024 election. He will be competing against Vice President Lai Ching-te, Taiwan People's Party Chairman Ko Wen-je, and New Taipei Mayor Hou Yu-ih.

via Nikkei Asia|

#candidates #foxconn #politics