General World News

In A Surprise Move, Foxconn’s Gou Drops Taiwan’s Presidential Bid

Terry Gou, founder of Apple supplier Foxconn, in a surprise move on Monday said he will not contest in Taiwan’s 2020 presidential election.

Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, said in a statement late on Monday he would not join the already competitive race, after losing the presidential nomination from the opposition, China-friendly Kuomintang party (KMT) in mid-July.

“I have decided not to join the petition to run for president in 2020,” Gou said in a statement, apologizing to supporters who had urged him to run for the presidency.

“I’d also like to say read more >>>

Source:: VOANews.Com