Head of Foxconn announces Taiwan presidential bid

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By Associated Press

TAIPEI, Taiwan — Terry Gou, the head of the world’s largest electronics supplier, Foxconn, said Wednesday he plans to run for president of Taiwan, bringing his pro-business and pro-China policies to what is expected to be a crowded field for next year’s election.

Gou announced that he would be putting himself up as a hopeful in the opposition Nationalist Party primary ahead of next year’s election, shaking up the political landscape at a time of heightened tension between the self-ruled island and Beijing.

Gou is Taiwan’s richest person, with a net worth of $7.6 billion according to Forbes.

“I am willing to participate in the primary election,” Gou said at the party headquarters in Taipei.

“If I am not chosen, it means I didn’t work hard enough.”

He told reporters earlier in the day he was inspired by the Chinese sea goddess Matsu to seek office. “Three days ago Matsu came to me in a dream. She told me she hoped the people will have a better life.”

“Peace, stability, economy and future — these words are the script of my religion,” Gou said.

The Nationalists favor closer ties with Beijing, a policy that accords with Gou’s massive business interests in China, where Foxconn produces products for Apple, Google and Amazon.

Foxconn has also said it will build a major manufacturing facility in the U.S. state of Wisconsin.



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