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☆ 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Foxconn founder Terry Gou has withdrawn from Taiwan's presidential race.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

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 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

☆ Foxconn founder Terry Gou has a new running mate — an actor who played the role of a presidential candidate in a Netflix drama
▼ + stars: | 2023-09-15 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Foxconn founder Terry Gou has picked an actor as his running mate for Taiwan's presidential election. Tammy Lai played the role of a presidential candidate in a Netflix hit. Gou, who is worth $7 billion, is entering Taiwan's presidential race as an independent candidate. Terry Gou, the billionaire founder of Foxconn — a key supplier to Apple — announced Thursday that an actor who played a presidential candidate in a recent Netflix hit will be his running mate for Taiwan's upcoming polls. His pick for vice president is 60-year-old Tammy Lai who played the role of a presidential candidate in Netflix's "Wave Makers," which premiered in April.

Persons: Terry Gou, Tammy Lai, Foxconn, Apple —, Gou, I'd, Lai Organizations: Netflix, Service, Apple, Democratic Progressive Party, Gou, Taiwan's, Kuomintang Locations: Wall, Silicon, Taiwan

☆ Foxconn founder Gou picks Netflix hit show actress as Taiwan presidential running mate
▼ + stars: | 2023-09-14 | by ( ) www.cnbc.com time to read: +2 min

Terry Gou (L), founder and former chairman of Foxconn and independent Taiwanese presidential candidate, joins his hand with his running mate Lai Pei-hsia during a press conference in Taipei on September 14, 2023. Terry Gou, the founder of major Apple supplier Foxconn , on Thursday said his running mate in Taiwan's presidential election next year would be Tammy Lai, an actress who starred in a high-profile Netflix drama. At a news conference in Taipei, Gou introduced the veteran actress, author and singer Lai as his running mate. She played a presidential candidate in the hit Taiwanese Netflix show "Wave Makers" earlier this year. I told myself that last year I would set no ceiling for myself, and I didn't expect I'd actually be raised up this far," Lai told reporters.

Persons: Terry Gou, Lai Pei, Tammy Lai, Gou, Democratic Progressive Party's, William Lai, Lai Organizations: Apple, Netflix, Democratic Progressive, Kuomintang, Taiwan People's Party Locations: Taipei, Taiwan's, Taiwan

☆ Foxconn founder Gou picks Netflix hit show actress as presidential running mate
▼ + stars: | 2023-09-14 | by ( ) www.reuters.com time to read: +2 min

TAIPEI, Sept 14 (Reuters) - Terry Gou, the founder of major Apple (AAPL.O) supplier Foxconn (2317.TW), on Thursday said his running mate in Taiwan's presidential election next year would be Tammy Lai, an actress who starred in a high-profile Netflix (NFLX.O) drama. At a news conference in Taipei, Gou introduced the veteran actress, author and singer Lai as his running mate. She played a presidential candidate in the hit Taiwanese Netflix show "Wave Makers" earlier this year. I told myself that last year I would set no ceiling for myself, and I didn't expect I'd actually be raised up this far," Lai told reporters. Gou must gather close to 300,000 voter signatures by Nov. 2 to qualify as an independent candidate, according election regulations, and needed to decide his running mate before he could collect signatures.

Persons: Terry Gou, Tammy Lai, Gou, Democratic Progressive Party's, William Lai, Lai, Ben Blanchard, Gerry Doyle Organizations: Apple, Netflix, Democratic Progressive, Kuomintang, Taiwan People's Party, Thomson Locations: TAIPEI, Taiwan's, Taipei, Taiwan

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