TAIPEI: Foxconn's Chairman Terry Gou said on Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer.
"So I asked myself the whole night ... I need to ask myself what I can do. What I can do for the youth? ... The next 20 years will decide their fate," he said, his eyes welling up with tears at times. The company later said Gou will remain chairman of Foxconn, though he plans to withdraw from daily operations.
"We need peace. We don't need to buy too many weapons. Peace is the biggest weapon," Gou said, adding that Taiwan only needs adequate self-defense. An official at Taiwan's stock exchange told Reuters there were no regulations related to a company executive running for the island's presidency.