DIRS.INFO The most relevant business & tech news

☆ Who is Lai Ching-te, Taiwan’s new leader and why does China dislike him?
▼ + stars: | 2024-01-14 | by ( Nectar Gan | ) edition.cnn.com time to read: +11 min

On Saturday, Lai, 64, the current vice president from the ruling Democratic Progressive Party (DPP), won a widely watched election to become Taiwan’s next president. Confetti flies over crowds as Lai Ching-te speaks to supporters at a rally at the DPP's headquarters on January 13, 2024 in Taipei, Taiwan. It was 1994, less than a decade after the DPP first emerged from Taiwan’s democracy movement against the authoritarian rule of the Kuomintang (KMT). Louise Delmotte/AP‘Chill out’In the lead-up to the election, China made no secret of its desire to prevent a Lai victory. Hours after Lai declared victory, China dismissed the outcome of Taiwan’s elections, saying the DPP “does not represent mainstream public opinion” on the island.

Persons: CNN — Lai Ching, Lai, Taiwan’s, “, ” Lai, we’re, ”, Xi Jinping, ” “, –, Tsai Ing, Lai Ching, Annice Lyn, I’ve, Louise Delmotte, Hou Yu, Beijing’s, Tsai, Xi, Beijing, Hsiao Bi, Hsiao, ” Lai Ching, Ann Wang, ’ Lai, ” Yang Wei Organizations: CNN, Communist Party, Democratic Progressive Party, “, DPP, Kuomintang, KMT, Communist, ih, National Taiwan University, Reuters, Taiwan People’s Party, Taiwan Affairs Office Locations: Taiwan, China, Taiwan Strait, Beijing, Tainan, Taipei, United States, ”

☆ Taiwan made its choice on who will lead it into an uncertain future as China remains hellbent on controlling it, and tough times may lie ahead
▼ + stars: | 2024-01-13 | by ( Chris Panella | ) www.businessinsider.com time to read: +11 min

Read previewTaiwan has elected its new president, the Democratic Progressive Party's Lai Ching-te, who is also the current Vice President. While experts still assess that an invasion of Taiwan remains unlikely in the near future, that doesn't diminish concerns about other ways China could squeeze the island. AdvertisementTaiwan's Vice President and presidential candidate for the ruling Democratic Progressive Party (DPP) Lai Ching-te (C) casts his ballot to vote on January 13, 2024, in Tainan, Taiwan. Nevertheless, the win marks the first time a political party in Taiwan has won a presidential election three times in a row. The supporters of Democratic Progressive Party (DPP) cheer at an election campaign on January 12, 2024 in Tainan, Taiwan.

Persons: —, Party's Lai Ching, Lai's, Lai, Tsai Ing, Lai Ching, Tsai, Getty Images Lai, Hou, Ko Wen, Amanda Hsiao, Annabelle Chih, Nancy Pelosi, flack, Annice Lyn, He's, Hsiao, Hao, Hou Yu, Beijing's, Chuan Kang, Xi Jinping, It'll, Joe Biden's, Xi, Biden, it's, BRENDAN SMIALOWSKI Organizations: Service, Democratic, Taiwan, Business, Democratic Progressive Party, Getty Images, ih, Taiwan's People Party, Kuomintang, KMT, Getty, Washington, NBC, US, People's Liberation Army Locations: Taiwan, China, Beijing, Taipei, New Taipei City, AFP, Tainan, Taichung, Taipei , Washington, San Francisco

Taipei, Taiwan CNN —Taiwan’s ruling Democratic Progressive Party pulled off a historic third consecutive presidential victory on Saturday as voters shrugged off warnings by China that their re-election would increase the risk of conflict. The counting of votes has concluded, with Lai – the candidate of Taiwan’s ruling Democratic Progressive Party (DPP) – receiving just over 40% of the total votes, according to Taiwan’s Central Election Commission (CEC). Taiwan’s opposition Kuomintang (KMT) party candidate Hou Yu-ih garnered 33.49% of the votes, with Taiwan People’s Party (TPP) candidate Ko Wen-je received 26.45%. A spokesperson for China’s Taiwan Affairs Office insisted the election result “does not represent the mainstream view on the island.”“Taiwan is China’s Taiwan. “There’s multiple times that China could cause a fuss over a DPP victory, either now or later this year,” Nachman said.

Persons: Taiwan CNN — Taiwan’s, Lai Ching, ” Lai, “, Hsiao Bi, Lai –, Taiwan’s, –, Hou Yu, Ko Wen, je, Xi Jinping, Xi, Yasuyosh Chiba, Tsai Ing, Lai, Tsai, China’s, ” Xi, Hsiao, ”, Jaw Shaw, kong, Sam Yeh, Biden, Wang, Lev Nachman, ” Nachman, Nachman, hasn’t, they’ve Organizations: Taiwan CNN, Democratic Progressive Party, Commission, Kuomintang, KMT, ih, Taiwan People’s Party, Taiwan Affairs Office, Xinhua, China’s Communist Party, Party, Taiwan, Communist, DPP, Chinese Communist Party, Taiwan’s, Illinois State University, National Chengchi University, China’s Taiwan Affairs, Taiwan “, Analysts Locations: Taipei, Taiwan, China, United States, Beijing, ”, China’s Taiwan, AFP, “, New Taipei City, Washington, Taiwan Strait

TAIPEI, Taiwan (AP) — Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on Saturday, a result that will determine the trajectory of the self-ruled democracy’s contentious relations with China over the next four years. Beijing strongly opposes Lai, the current vice president who abandoned his medical career to pursue politics from the grassroots to the presidency. It's the first time a single party has led Taiwan for three consecutive four-year presidential terms since the first open presidential election in 1996. Its candidate, Hou Yu-ih, also had promised to restart talks with China while bolstering national defense. Evelyn Ni traveled from China especially to get a taste of Taiwan’s election.

Persons: Lai Ching, Lai, Tsai Ing, Hou Yu, Hou, “, I’m, David Chiau, Ko Wen, Ko, Chen Binhua, Beijing wouldn't, ” Chen, Antony Blinken, ” Blinken, Evelyn Ni, Tony Chen, ”, Xi Jinping, Stacy Chen, Gabrielle Reid, Sung Organizations: Democratic, Nationalist, KMT, ih, Taiwan People’s Party, DPP, Cabinet's Taiwan Affairs Office, Biden, Associated Press Locations: TAIPEI, Taiwan, China, Beijing, Japanese, United States, Taipei, Russia, Ukraine, South China

☆ White House prepares for Taiwan presidential elections and 'period of higher tension'
▼ + stars: | 2024-01-11 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

U.S. President Joe Biden and Chinese President Xi Jinping before a meeting during the Asia-Pacific Economic Cooperation leaders' week in Woodside, California, Nov. 15, 2023. A senior Chinese liaison to Taiwan warned recently that Saturday's election would be a choice between "peace and war." Depending on the outcome, they could also trigger an increase in Chinese military activity in and around the island. Taiwan has reported myriad attempts by the Chinese government to influence the election via disinformation campaigns, cyberattacks and economic coercion. These meetings build on President Joe Biden's November one-on-one with Chinese President Xi Jinping in San Francisco, which aimed to end the bitter freeze that has characterized recent U.S.-China relations.

Persons: Joe Biden, Xi Jinping, Biden, Washington, Lai Ching, Hou Yu, Ko Wen, Jon, Joe Biden's, Xi, Taiwan's Organizations: Economic Cooperation, U.S ., Democratic Progressive Party, U.S, ih, Pentagon, National, White House Locations: Asia, Woodside , California, Taiwan, China, Beijing, U.S, United States, Washington, Taipei, San Francisco

☆ World Economic Forum risks report sees a ‘global catastrophe’ within 10 years
▼ + stars: | 2024-01-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

The gloomy outlook comes from an annual survey by the World Economic Forum (WEF) of people paid to identify and manage global risks. According to the report published Wednesday, nearly two-thirds of respondents expect an “elevated chance of global catastrophes” in the next decade. Sam Yeh/AFP/Getty ImagesExtreme weather events were ranked the number two short-term risk, demonstrating heightened awareness about the environment and climate change in a year plagued by rising temperatures and rampant floods and wildfires. Cyber insecurity also made it into the top five short-term risks, for the first time in a decade. Lack of economic opportunity, persistently high inflation and an economic downturn were ranked sixth, seventh and ninth on the list of short-term risks respectively.

Persons: “, Carolina Klint, Marsh McLennan, ”, Hou Yu, Sam Yeh, “ It’s, Saadia Zahidi, ” Zahidi, ” John Scott Organizations: London CNN, Humanity, World Economic, American Psychological, Marsh, CNN, ih, Getty, Zurich Insurance Group Locations: Davos, Switzerland, Israel, Carolina, Europe, Taoyuan, AFP

☆ Vote counting begins in closely watched Taiwan election
▼ + stars: | 2024-01-10 | by ( Clement Tan | ) www.cnbc.com time to read: +9 min

With China intensifying its rhetoric on its claim over Taiwan, global observers are billing this Taiwan election as highly pivotal for security in the Asia-Pacific at a time of testy U.S.-China relations. If Lai and Hsiao win the Jan. 13 vote for the Taiwan presidential office, it would mark the first time any political party has stayed in office for more than two consecutive terms since Taiwan introduced direct presidential elections in 1996. Campaign posters for various legislative member candidates in Taipei, Taiwan, on Wednesday, Dec. 27, 2023. China's Taiwan affairs office has characterized the self-ruled island's election as a choice between "peace and war, prosperity and decline." "China has always meddled whenever there is an election in Taiwan, but this time, it's the most serious."

Persons: Hou Yu, Hei Leung, Ko Wen, policymaking, Tsai Ing, Ko, Cynthia Wu, Jing Bo, jiun, Sam Yeh, Jing, Tsai, Lai Ching, Hsiao, United States —, Lai, Timothy S, Rich, Jaw Shaw, kong, Hou, Kevin Luo, Xi Jinping, Joe Biden, Xi, Biden, Nancy Pelosi, Rong Xu, Democratic Progressive Party Lai Ching, Yasuyoshi Chiba, DPP's Lai, Weeks Organizations: ih, Anadolu, Getty, Democratic Progressive Party, Kuomintang, Taiwan People's Party, China, Local, KMT, Taiwan Studies, University of Oxford, AFP, Taiwan, Rich Western Kentucky University, Taiwan's National Police Agency, New, DPP, University of Minnesota, Western Kentucky University, U.S, China -, APEC, CNBC, Former U.S, Bloomberg, Taiwan's DPP, Beijing, Cross Straits Service Locations: Taichung, Taiwan, Taipei, Asia, Pacific, U.S, China, Hsinchu, United States, Overconfidence, New Taipei City, China - U.S, Beijing, Taiwan Strait, Kaohsiung

☆ Think of what happened to Hong Kong when you vote, Taiwan president says
▼ + stars: | 2023-12-03 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Dec 3 (Reuters) - Taiwan President Tsai Ing-wen appealed to voters on Sunday to think of what had happened to Chinese-controlled Hong Kong when they cast their ballots next month, saying peace must be backed up with a commitment to boost defences. China and Taiwan's main opposition party, the Kuomintang (KMT), have cast the election as a choice between war and peace. China detests Taiwan's ruling Democratic Progressive Party (DPP) and its presidential candidate, Vice President Lai Ching-te, calling them dangerous separatists. "Look at Hong Kong and think of Taiwan. Beijing in 2020 imposed a tough national security law on Hong Kong, which it said was vital to restore stability after the city, a global financial hub, was rocked for months by sometimes violent anti-government and anti-China protests in 2019.

Persons: Tsai Ing, Lai Ching, Lai, Tsai, Hou Yu, Ben Blanchard, William Mallard Organizations: Kuomintang, KMT, Democratic Progressive Party, ih, Thomson Locations: TAIPEI, Taiwan, Hong Kong, China, Taipei, British, Beijing

TAIPEI, Nov 24 (Reuters) - Terry Gou, the billionaire founder of tech giant Foxconn (2317.TW), on Friday withdrew from the race to be Taiwan's next president, bringing a sense of relief to the major Apple (AAPL.O) supplier and iPhone manufacturer, sources said. Complete the change of power and change Taiwan," Gou said. Despite a massive advertising campaign, which saw his face plastered across Taiwan, Gou consistently polled far behind his rivals. Although Gou stepped down as Foxconn chief in 2019 and resigned as a board member in early September, he remained the company's largest shareholder. "It's a sigh of relief," said one of the sources, who declined to be identified due to the sensitivity of the matter.

Persons: Terry Gou, Gou, Hou Yu, Ko Wen, Ko, Lai Ching, Foxconn, Young Liu, TPP, Tammy Lai, Lai, Yimou Lee, Ben Blanchard, Sarah Wu, Muralikumar Anantharaman, Gerry Doyle Organizations: Apple, Democratic Progressive Party, ih, Kuomintang, KMT, Taiwan People's Party, Facebook, Global Times, Reuters, Netflix, Thomson Locations: TAIPEI, Ukraine, Taiwan, China, Taipei, Beijing

☆ Terry Gou: Foxconn founder drops out of Taiwan presidential race
▼ + stars: | 2023-11-24 | by ( Wayne Chang | Michelle Toh | ) edition.cnn.com time to read: +2 min

Taipei/Hong Kong CNN —Terry Gou, the billionaire founder of major Apple supplier Foxconn, withdrew from the race to become Taiwan’s next president on Friday, just hours before the deadline to formally register as a candidate. “I have never yielded in the battlefield of international business,” Gou said in a statement, without providing a specific reason for the retreat. “For the future of the Republic of China, choosing to yield is all the love I can give to my homeland,” Gou added, referencing Taiwan’s official name. Gou founded Foxconn, established as Hon Hai Precision Industry in Taiwan, in 1974. Shortly after he announced his bid, Chinese state media reported that Foxconn was under investigation by authorities in China over land use and tax concerns.

Persons: Hong Kong CNN — Terry Gou, Taiwan’s, “, ” Gou, Gou’s, Tammy Lai, ”, Hou Yu, Ko Wen, Gou, Foxconn, wouldn’t, Hai Organizations: Hong Kong CNN, Apple, Foxconn, ih, Kuomintang, Taiwan People’s Party, Democratic Progressive Party, Hai Precision Industry, Communist, CNN, for Public Credit Locations: Taipei, Hong Kong, Republic of China, Taiwan, China, Beijing, Wuhan

☆ Taiwan opposition rushes to register candidates after talks implode on live TV
▼ + stars: | 2023-11-24 | by ( ) www.reuters.com time to read: +3 min

The talks were brokered by the billionaire founder of major Apple supplier Foxconn (2317.TW), Terry Gou, who is running as an independent candidate. In one of the most dramatic moments, the KMT's presidential candidate, Hou Yu-ih, read a private text message from TPP candidate Ko Wen-je in which Ko said Gou needed to "find a reason" to drop out of the presidential race. Hou and Ko will on Friday morning go to the election commission to register their separate presidential runs, ahead of a 0930GMT registration deadline. Gou, who has trailed far behind in the polls, has not said whether he will also register. By contrast, a united DPP has been charging ahead in its election campaign, registering its presidential and vice presidential candidates on Tuesday.

Persons: Terry Gou, Ma Ying, Hou Yu, Eric Chu, Ko Wen, Ko, Hou, Gou, Lai Ching, Lai, Ben Blanchard, Roger Tung, Lincoln, Gerry Doyle Organizations: Taiwan People's Party, ih, Kuomintang, KMT, Democratic Progressive Party, Apple, Thomson Locations: Taiwan, TAIPEI, China

☆ Terry Gou, the founder of iPhone maker Foxconn, drops out of Taiwan's presidential election race
▼ + stars: | 2023-11-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Foxconn founder Terry Gou has withdrawn from Taiwan's presidential race. AdvertisementTerry Gou, the founder of Foxconn – Apple's main manufacturer of iPhones – has dropped out of Taiwan's presidential race. Taiwan's presidential race is closely watched because China claims the self-ruled island — a semiconductor powerhouse — as its own territory. The more opposition candidates there are, the more these votes could be split against the ruling party to ensure Lai's win. Other presidential candidates in the island's presidential race are DPP's Lai, KMT's Hou Yu-ih, and former Taipei mayor Ko Wen-je from the Taiwan People's Party.

Persons: Terry Gou, Gou, —, Foxconn, –, William Lai, Xi Jinping, Lai, Beijing wouldn't, Tammy Lai, KMT's Hou Yu, Ko Wen Organizations: Service, Democratic Progressive Party, Nvidia, Kuomintang, ih, Taiwan People's Party Locations: China, Taiwan, Beijing, Taipei

[1/3] Hsiao Bi-khim, vice presidential candidate for Taiwan's Democratic Progressive Party (DPP) and former envoy to the United States, speaks to the media during a press conference in Taipei, Taiwan November 23, 2023. The opposition Kuomintang (KMT) and Taiwan People's Party (TPP) had previously agreed to work together against the ruling DPP but have made no progress on plans for a united presidential ticket. Lai and Hsiao, on the other hand, with a united party behind them, are moving ahead smoothly with their campaign. Their disagreement has gripped Taiwan for the past week, and both parties have insisted they still want to work together. At the Taipei hotel, Gou's campaign set up a digital clock counting down to Friday's election registration deadline of 0930 GMT.

Persons: Hsiao, Ben Blanchard, Lai Ching, Terry Gou, Lai, It's, Gou, Ko Wen, Hou Yu, Huang Shih, Huang, Yimou Lee, Sarah Wu, Jacqueline Wong, Robert Birsel Organizations: Taiwan's Democratic Progressive Party, REUTERS, Rights, Democratic Progressive Party, DPP, Kuomintang, KMT, Taiwan People's Party, TPP, ih, Thomson Locations: United States, Taipei, Taiwan, Rights TAIPEI, China, United, Beijing, Taiwan Strait

☆ Taiwan ruling party powers ahead as chaos engulfs opposition campaign
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

[1/2] Taiwan's Vice President Lai Ching-te and his running mate Hsiao Bi-Khim arrive to register for the upcoming presidential election for the ruling Democratic Progressive Party (DPP) at the Central Election Commission in Taipei, Taiwan November 21, 2023. Vice President Lai Ching-te of the ruling Democratic Progressive Party (DPP), who China views as a separatist, leads opinion polls to be Taiwan's next president. Talks between the two main opposition parties to team up and take him on have floundered and are in deadlock. Lai told reporters he and Hsiao were "confident and determined to lead Taiwan steadily in the chaotic situation". Taiwan's main opposition party the Kuomintang (KMT), which traditional favours close ties with Beijing, had agreed with the much smaller Taiwan People's Party (TPP) last week to offer a joint ticket to take on Lai.

Persons: Lai Ching, Hsiao Bi, Ann Wang, Lai, Taiwan's, Hsiao, Hou Yu, Ko, Hou, Huang Shan, Huang, Terry Gou, Tammy Lai, Gou, Huang Shih, Ben Blanchard, Raju Gopalakrishnan Organizations: Democratic Progressive Party, Central, Commission, REUTERS, Rights, Kuomintang, KMT, Taiwan People's Party, ih, Apple, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, Beijing, China, Taiwan's, Lai

☆ Taiwan opposition talks deadlocked, with no signs of compromise
▼ + stars: | 2023-11-19 | by ( ) www.reuters.com time to read: +2 min

The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. China has stepped up military and political pressure, including high-profile war games, to press the island to accept the sovereignty claims that Taiwan rejects. The parties on Saturday failed to reach agreement on how to interpret opinion polls and thus decide on who will stand for which position. China detests frontrunner Lai, regarding him as a separatist, and has rebuffed repeated calls from him for talks. Hou especially has vowed to renew dialogue with Beijing, and says Lai is a dangerous supporter of Taiwan independence.

Persons: Ko Wen, je, Democratic Progressive Party's, Lai Ching, Hou Yu, Eric Chu, Lai, Hou, Ko, Hsiao, Ben Blanchard, Tom Hogue Organizations: Kuomintang, KMT, Taiwan People's Party, Democratic Progressive, ih, Thomson Locations: TAIPEI, China, Taiwan, Taipei, Beijing, United States

☆ Clock ticking as Taiwan opposition bicker over joint presidency bid
▼ + stars: | 2023-11-18 | by ( Ben Blanchard | ) www.reuters.com time to read: +3 min

The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. China has stepped up military and political pressure, including high-profile war games, to press the island to accept its sovereignty claim, which Taiwan rejects. But both parties failed to reach agreement on how to interpret opinion polls and thus decide who will stand for what position by an originally scheduled deadline of Saturday. China detests frontrunner Lai, regarding him as a separatist, and has rebuffed repeated calls from him for talks. Hou especially has vowed to renew dialogue with Beijing, and says Lai is a dangerous supporter of Taiwan independence.

Persons: Democratic Progressive Party's, Lai Ching, Hou Yu, Ko, Lai, Hou, Hsiao, Eric Chu, Tsai Ing, Ben Blanchard, William Mallard, Kim Coghill Organizations: Kuomintang, KMT, Taiwan People's Party, Democratic Progressive, ih, Former Taipei, DPP, Thomson Locations: TAIPEI, China, Taiwan, Beijing, United States, Chiayi

☆ Taiwan's opposition parties to decide on joint presidential ticket
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: +4 min

(L-R) Eric Chu, Taiwan's main opposition Kuomintang (KMT) chairman, Hou Yu-ih, KMT presidential candidate, Ma Ying-jeou, former Taiwan president and Ke Wen-je, presidential candidate from the Taiwan People's Party (TPP) pose following a meeting in Taipei on November 15, 2023. The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. Taiwan's two main opposition parties, which have vowed to renew talks with China, agreed on Wednesday to make a decision on a joint presidential ticket for January's elections, as the front-running ruling party decried interference from Beijing. It will unite Taiwan," Hou told business leaders after the talks. Lai says only Taiwan's people can decide their future and has repeatedly offers talks with Beijing, which has rejected the offers.

Persons: Eric Chu, Hou Yu, Ma Ying, Ke Wen, Sam Yeh, Lai Ching, Democratic Progressive Party's, Ko Wen, Hou, Tsai Ing, Chen Yi, Kou, Lai, Chen, Ma, Hsiao Hsu, Hsiao, China detests Lai, Ko, Terry Gou, Gou, TPP Organizations: Kuomintang, KMT, ih, Taiwan People's Party, SAM YEH, Getty, Democratic Progressive, Taiwan's Tamkang University, Beijing, DPP, Apple Locations: Taiwan, Taipei, AFP, China, Beijing, U.S, United States

The issue of China, which views Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. It will unite Taiwan," Hou told business leaders after the talks. China cut off routine talks with Taiwan after President Tsai Ing-wen of the DPP took office in 2016. OPPOSITION CHALLENGEChen Yi-fan, an assistant professor of diplomacy and international relations at Taiwan's Tamkang University, said if Hou and Kou did not work together then Lai would certainly win. Lai says only Taiwan's people can decide their future and has repeatedly offers talks with Beijing, which has rejected the offers.

Persons: Eric Chu, Hou Yu, Ma Ying, Ko Wen, Lai Ching, Democratic Progressive Party's, Hou, Tsai Ing, Chen Yi, Kou, Lai, Chen, Ma, Hsiao Hsu, Hsiao, China detests Lai, Ko, Terry Gou, Gou, TPP, Ben Blanchard, Yimou Lee, Muralikumar Anantharaman, Robert Birsel Organizations: Taiwan's Kuomintang, KMT, ih, Kuomintang, Taiwan People’s, Democratic Progressive, Taiwan People's Party, Taiwan's Tamkang University, Beijing, DPP, Apple, Thomson Locations: Taiwan, Taipei, TAIPEI, China, Beijing, U.S, United States

☆ Taiwan opposition to team up for parliamentary elections
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Oct 30 (Reuters) - Taiwan's two main opposition parties said on Monday they will team up for parliamentary elections in January in a bid to win more seats but said more discussions are needed on a joint ticket for a presidential vote. The issue of China, which views self-ruled Taiwan as its territory, looms over the Jan. 13 parliamentary and presidential elections. It has stepped up military and political pressure to press the island to accept its sovereignty claim, which Taiwan rejects. China cut off a routine talks with Taiwan after President Tsai Ing-wen of the DPP took office in 2016. The two opposition parties have vowed to pursue dialogue with China on an equal and dignified basis and "restore peace and stability in the Taiwan Strait".

Persons: William Lai, Hou Yu, Ko Wen, Tsai Ing, Yimou Lee, Robert Birsel Organizations: Democratic Progressive Party, Kuomintang, KMT, ih, Taiwan People's Party, Thomson Locations: TAIPEI, China, Taiwan, Taipei

☆ China's crackdown on Foxconn, one of Apple's biggest suppliers, shows Beijing is willing to sacrifice its economy for political power
▼ + stars: | 2023-10-25 | by ( Huileng Tan | ) www.businessinsider.com time to read: +7 min

China has launched investigations into Taiwan's Foxconn over its land use in mainland China. AdvertisementAdvertisementEven Foxconn, China's largest private-sector employer, isn't immune from Beijing's whims. Foxconn, also known as Hon Hai Precision Industry, is a huge contributor to China's employment and economic growth. Given how important Foxconn is to China's economy, it's a sign that Beijing is willing to make some sacrifices in its economy for political reasons, Liu said. China's economy is in tattersChina's economy has struggled to recover after nearly three years of on-off COVID-19 lockdowns.

Persons: —, Terry Gou, Foxconn, William Lai, KMT's Hou Yu, Ko Wen, Anna Ashton, Lai, China —, Gabriel Wildau, Zhu Fenglian, Dongshu Liu, Liu, they've, Insider's Linette Lopez, Xi, Lee Miller, Lopez, Liu Pengyu Organizations: Service, Hai Precision Industry, Apple, Democratic Progressive Party, ih, Taiwan People's Party, Eurasia Group, Gzero Media, KMT, Teneo Holdings, Bloomberg, Foxconn, Taiwan Affairs Office, City University of Hong, WPP, DC Locations: China, Beijing, Taiwan —, Taiwan, Taipei, New York, City University of Hong Kong, tatters, Washington, Foxconn

☆ Who is running to be Taiwan's next president?
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +2 min

Here is a list of the candidates standing for president and their positions on relations with China:LAI CHING-TELai, also known by his English name William, is running for the ruling Democratic Progressive Party (DPP). Currently Taiwan's vice president, he is also the DPP's chairman, and has consistently led opinion polls. Lai, along with Taiwan President Tsai Ing-wen, have repeatedly offered talks with China but been rebuffed, as Beijing views them both as separatists. Lai and Tsai say only Taiwan's people can decide their future. He was re-elected in a landslide last year but has generally been running third in presidential election opinion polls.

Persons: LAI CHING, TE Lai, Lai, Tsai Ing, Tsai, HOU, Hou, Mao Zedong's, KO WEN, JE Ko, Ko, TERRY GOU Gou, Gou, Ben Blanchard, Sonali Paul Organizations: Democratic Progressive Party, Taiwan's, Kuomintang, KMT, New, Beijing, Taiwan People's Party, Apple, Thomson Locations: Taiwan, China, Beijing, Taipei's, New Taipei, Taipei, U.S

☆ Apple iPhone maker Foxconn being investigated in China as founder runs for Taiwan presidency
▼ + stars: | 2023-10-23 | by ( Laura He | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —Taiwan’s Foxconn, one of Apple’s largest suppliers, is being investigated by authorities in China, according to state media. Foxconn, also known as Hon Hai Precision Industry, has iPhone factories in Guangdong and Henan, including the world’s largest in the city of Zhengzhou. The company’s listed unit in Shanghai, Foxconn Industrial Internet, plummeted by its daily limit of 10% on Monday. Terry Gou, Foxconn founder, announces bid for Taiwan presidency during a press event in Taipei on August 28. The crackdown came despite repeated calls from Chinese leaders to welcome more foreign investment to boost the country’s slowing economy.

Persons: Taiwan’s, Terry Gou, won’t, Foxconn, “, ”, Brock Silvers, Gou, Hai, ” Gou, Ann Wang, Lai Ching, — Hou Yu, Ko Wen, Zhang Wensheng, ” Zhang, Silvers Organizations: Hong Kong CNN, Global Times, CNN, Hai Precision Industry, Foxconn Technology, WPP, drugmaker Astellas Pharma, Kaiyuan, “, Apple, Communist, Taiwan, Democratic People’s Party, ih, Kuomintang, Taiwan People’s Party, Beijing, China’s Xiamen University, Financial Times, Shanghai, Economic Observer Locations: China, Hong Kong, Beijing, Guangdong, Jiangsu, Henan, Hubei, Zhengzhou, Shanghai, Taipei, Taiwan

☆ In election year, Taiwan's national day becomes polarising celebration
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +3 min

Former Taiwan President Ma Ying-jeou speaks to guests as he attends an event at Asia Society in New York, U.S. March 1, 2017. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsTAIPEI, Oct 2 (Reuters) - Former Taiwan President Ma Ying-jeou said on Monday he would boycott official celebrations for the island's national day this year after accusing the government of turning it into an overt attempt at pushing independence ahead of an election. Taiwan celebrates Oct. 10 as its national day, marking an uprising in 1911 that ended China's last imperial dynasty and ushered in the Republic of China. Taiwan Premier Chen Chien-jen, a DPP member himself, dismissed Ma's criticism, saying Ma had attended festivities previously when the English translation was Taiwan National Day. Taiwan's president, Tsai Ing-wen, will give a major speech on national day, and there will also be a military parade in front of the presidential office.

Persons: Ma Ying, Eduardo Munoz, jeou, China's, Mao Zedong's, Hou Yu, Ma, William Lai, Taiwan Premier Chen Chien, Chen, Tsai Ing, Tsai, Lai, Ben Blanchard, Gerry Doyle Organizations: Taiwan, Asia Society, REUTERS, Rights, Facebook, Kuomintang, KMT, Democratic Progressive Party, ih, Thomson Locations: New York, U.S, Rights TAIPEI, Taiwan, China, Republic of China, People's Republic of China, The Republic of China, Taiwan Premier, Beijing

☆ Terry Gou, seeking Taiwan presidency, resigns as Foxconn board member
▼ + stars: | 2023-09-02 | by ( ) www.reuters.com time to read: +3 min

Terry Gou, Foxconn founder announces his bid for the Taiwan presidency during a press event in Taipei, Taiwan August 28, 2023. REUTERS/Ann Wang/File Photo Acquire Licensing RightsTAIPEI, Sept 2 (Reuters) - Terry Gou, the billionaire founder of major Apple (AAPL.O) supplier Foxconn (2317.TW), resigned as a company board member, the Taiwanese company said on Saturday, less than a week after announcing a bid to be the island's next president. In a brief statement, Foxconn said Gou had resigned due to "personal reasons", and noted he had "officially handed over leadership of the group to a professional manager four yearsago". Asked on Monday about the issue of conflict of interest with Gou being a major shareholder of Foxconn, which has massive investment in China, Gou said he's willing to "sacrifice" his personal assets in China in the event of a Chinese attack. The DPP-led government, and Lai, have repeatedly offered talks with China but been rebuffed, as Beijing views them as separatists.

Persons: Terry Gou, Ann Wang, Gou, Foxconn, Democratic Progressive Party's, William Lai, Lai, Ko Wen, Hou Yu, it's, Ben Blanchard, John Stonestreet, Louise Heavens Organizations: REUTERS, Rights, Apple, Democratic Progressive, DPP, Taiwan People's Party, ih, Kuomintang, Formosa TV, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, Foxconn, China, People's Republic of China, Beijing

Opposition candidates, including Gou, blame the DPP for provoking Beijing and stoking tensions, labeling the vote as a choice between war and peace. Meanwhile, the DPP’s candidate, Vice President Lai Ching-te, has framed the election as a choice between democracy and authoritarianism. Lai Ching-te, Taiwan's Vice President and presidential hopeful, meets the foreign press in Taipei on August 25. In addition to securing 290,000 votes before November, Gou also needs to announce his running mate before September 17, as required by Taiwan’s Central Election Commission. “Gou is really having a race against time, and time is really not in his favor,” Sung said.

Persons: Terry Gou, Tsai Ing, Xi, China –, Lai Ching, “ Don’t, ”, Lai, Taijing Wu, Priding, Foxconn, Gou, China’s, ” Gou, roiling, Hou Yu, Ko Wen, Hou, who’s, “, Ko, Sung, ” Sung Organizations: CNN, Democratic Progressive Party, Harvard, ”, Communist Party, Chinese Communist Party, Kuomintang, KMT, ih, New, Taiwan People’s Party, Australia National University’s Taiwan Studies, Reuters, Taiwan’s Locations: Taiwan, China, Ukraine, Beijing, Moscow, United States, Lai, Taipei, Shenzhen, Taiwan Strait, Diaoyutai, Foxconn, New Taipei City

Search resuls for: "Hou Yu"

25 mentions found