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Billionaire Terry Gou, chairman of the world’s largest contract assembler of consumer electronics, said he wants to run for president of Taiwan next year



Billionaire Terry Gou, chairman of the world’s largest contract assembler of consumer electronics, said he wants to run for president of Taiwan next year. The Foxconn founder said wants the nomination of the Beijing-friendly Kuomintang (KMT) opposition party, which is eyeing one or two other candidates as well.
 A bid for the presidency for the 68-year-old chairman would mark the first in Taiwan for a major business leader.

With a net worth currently estimated at $7.8 billion, Gou is Taiwan’s wealthiest person and his candidacy has already raised awareness of the upcoming polls and excited many voters.

“According to his past habits, Gou’s behavior as president should be to emphasize greater efficiency,” says Liang Kuo-yuan, president of Polaris Research Institute

Guo worked in plastics before going into consumer electronics and mobile phones. Foxconn, also known as Hon Hai, is best known globally for assembling iPhones and iPads.

His factory legacy may raise questions about whether Gou has special ties with Beijing, Huang says. “He’s got some problems he’s got to solve, especially his relations with China, both political and business,” he say


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