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Al Jazeera
Al Jazeera
Politics

Foxconn billionaire Terry Gou announces Taiwan presidential bid

Terry Gou Foxconn Taiwan Lai ChingTe Kuomintang DPP KMT Tsai Ingwen
Foxconn Founder Terry Gou needs secure nearly 300,000 signatures to get onto the ballot [Sam Yeh/AFP]

Foxconn’s billionaire founder Terry Gou announced on Monday that he will run for president of Taiwan as an independent in the election scheduled for January 2024.

Gou, the self-ruled democracy’s richest man, has long held political ambitions and stepped down from Foxconn in 2019 in an attempt to secure the nomination of the main opposition Kuomintang (KMT) in the last election.

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