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Foxconn founder Terry Gou announces Taiwan presidential bid

Bloomberg
Bloomberg • 5 min read
Foxconn founder Terry Gou announces Taiwan presidential bid
Foxconn Technology Group founder Terry Gou. Photo: Bloomberg
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Foxconn Technology Group founder Terry Gou ended months of speculation by joining a crowded race to become Taiwan’s next president — in the process upending an election that will have wide-ranging implications for security in the Western Pacific.

Despite trailing the three other candidates in polling, Gou declared his candidacy for the vote in January 2024 at a briefing in Taipei on Monday. For his bid to become official, he will need to secure the signatures of around 290,000 voters.

“Over the past seven years, I’ve witnessed Taiwan go from being prosperous to being on the brink of falling off a cliff in many aspects, including the economy, national defense and foreign affairs,” he said. “If we don’t pull back now, it will be too late to save Taiwan from falling. We have to take down the Democratic Progressive Party.”

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