Foxconn boss announces bid for Taiwan president

by bold-lichterman

AFP – Tech giant Foxconn boss Terry Gou on Wednesday announced his intention to run for the Kuomintang Party (KMT) nomination for the 2020 Taiwanese presidential election. ” I want to participate in the party primary. If I win, I will represent the KMT in the 2020 election ”, said the leader of Apple’s main subcontractor, during a meeting broadcast live on television. “SIf I lose, that will mean that my efforts will not have been sufficient and I will fully support the candidate chosen by the party ”, he added.

The Kuomintang ruled the island from 2008 to 2016 during the two terms of Ma Ying-jeou, who was the architect of a rapprochement with Beijing. But KMT candidate Eric Chu was defeated in the January 2016 election by Tsai Ing-wen, from the traditionally pro-independence Democratic Progressive Party (PPD). Terry Gou is expected to face several Kuomintang heavyweights in the primary, including Mr. Chu and former Speaker of Parliament Wang Jin-pyng who have both announced their intention to run for the nomination. Ms Tsai, 62, also announced her intention to run for a second term in the election scheduled for January 11. She will also have to obtain the nomination of her party during a primary during which she will face the former Prime Minister William Lai.

The name of the PPD candidate should be known later this month. Earlier on Wednesday, Terry Gou, 69, had indicated while visiting a temple in New Taipei dedicated to the sea goddess Matsu that the deity had told him to “come out of line (…) to help people”. Foxconn, also known by its official name Hon Hai Precision Industry, is the world’s largest supplier of electronics and assembles Apple iPhones as well as gadgets for other international brands.

Foxconn’s main factories are in mainland China, but many of the electronic gadgets the group makes are sold in the United States, making it vulnerable to the fallout from the Sino-US trade war. Mr. Gou was born in 1950 in Taipei. His parents had fled mainland China in the face of advancing Communist troops