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Foxconn Founder Terry Gou Announces Run for Taiwan Presidential Election

Terry Gou, the billionaire founder of Foxconn enters the race to become president of Taiwan. He will run as an independent candidate in the 2024 presidential election. Gou has spent the past few weeks touring Taiwan and campaigning. Domestical, their policies are full of mistakes,” said Gou on Monday, August 28, 2023.
Gou stepped down as chairman of Foxconn – a major supplier to Apple Inc in 2019. He ran for president that year, but stepped down after failing to win the nomination from Taiwan’s main opposition party, the Kuomintang KMT.

The party has traditionally favored close ties with China.

He submitted his second nomination to be the KMT candidate in the presidential election to be held in January earlier this year, but the party chose Hou Yu-ih, mayor of New Taipei City.
Gou said the era of entrepreneur rule had begun. said in an appeal to Taiwanese voters.
Gou must collect nearly 300,000 voter signatures by Nov. 2 to qualify as an independent candidate, according to election regulations. The Central Election Commission in Taiwan will tanverify supporters’ signatures and announce the results on November 14.
Taiwan’s Vice President William Lai, the presidential candidate of the ruling Democratic Progressive Party (DPP), is the hot favorite to win the election as he presides over the polls.
Former Taipei Mayor Ko Wen-je of the Taiwan People’s Party is predict to take second place in the election. While Hou is in third.
Gou’s main theme in the campaign as a whole is that the only way to avoid war with China is to get the DPP out of power.

Beijing claims Taiwan as its territory.

China has particularly dislike because of comments he previously. Made about being a “worker” for Taiwan independence, a red line for Beijing. The DPP is fighting for a Taiwanese identity separate from China. His government has repeatedly offered talks with China.  have been turn down. The elections take place at a time of heightened tensions between Taipei and Beijing. China conducts routine military drills near the island to assert its claims of sovereignty.

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