Taiwan’s richest man cedes company control as he eyes presidency | The Malaysian Insight

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Taiwan’s richest man cedes company control as he eyes presidency

Terry Gou's rags-to-riches tale is legendary in Taiwan and mimics the island's phenomenal economic success. – EPA pic, June 21, 2019.

TAIWAN’S richest man Terry Gou said today he would cede control of tech giant Foxconn to a committee, leaving the Apple-supplier in uncharted waters while he runs for president. Gou has been at the helm of Foxconn, the world’s largest electronics assembler, for more than four decades but has set his sights on becoming Taiwan’s next president.

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