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HEAD OF FOXCONN ANNOUNCES TAIWAN PRESIDENTIAL BID

Terry Gou, chairman of the world’s largest contract assembler of consumer electronics, including Apple’s iPhones, said Wednesday he intends to run for president of Taiwan, bringing his pro-business and China-friendly policies to what is expected to be a crowded field for next year’s election.

The Foxconn Technology chairman who also ranks among Taiwan’s richest people“I am willing to participate in the primary election,” Gou said at the party headquarters in Taipei.

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