TAIPEI, Sept 4 — Foxconn founder Terry Gou has resigned as a director for “personal reasons”, officially cutting ties as the billionaire focuses on his long-shot run for president in Taiwan’s elections next year.
Foxconn said in a weekend news release that Gou did not need to be replaced because there were other directors on the board and he had “officially handed over leadership... four years ago”. Analysts say Gou has only a slim chance of winning the January 2024 election, with three opposition candidates in the race against the poll-leading Democratic Progressive Party.
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