TAIPEI, Taiwan — The head of Foxconn Technology Group is planning to step away from day-to-day operations at the world’s largest electronics provider and said Tuesday that he is mulling a run for president of Taiwan.
The Nationalists favor closer ties with Beijing, a policy that accords with Gou’s massive business interests in China. Any candidate is expected to face a crowded field in the 2020 polls, in which President Tsai Ing-wen of the pro-independence Democratic Progressive Party says she will seek a second four-year term.
Foxconn counts Apple, Google and Amazon as customers and has said it will build a manufacturing facility in the U.S. state of Wisconsin. “I feel that I should tone down my personal influence ... let young people learn sooner in order to take my position as soon as possible so that I can have more free time to work on long-term planning for the company’s future.”
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foxconn's Gou says may run for Taiwan president, step back from daily businessFoxconn’s Chairman Terry Gou mulls Taiwan 2020 presidential bid; plans to withdraw from daily ops via YimouLee YimouLee Not another Billionaire running for office!
Read more »