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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
A woman drives past the logo of Foxconn outside the company's building in Taipei, Taiwan November 9, 2022. The Global Times did not give details of the tax or land use probes, which have not been officially announced by any Chinese government department. The Chinese state media report comes less than three months before Taiwan votes in presidential and parliamentary elections. Speaking at a campaign rally on Sunday, Taiwan Vice President Lai Ching-te, the DPP's presidential candidate and leading the polls, said the Chinese report on the investigation was "unexpected" and "regretful". Foxconn shares were down 2.4% at 0204 GMT, underperforming the broader Taiwanese market (.TWII).
Persons: Ann Wang, Foxconn, Terry Gou, Taiwan's, Huang Shih, Gou, Lai Ching, Hai, Ben Blanchard, Jacqueline Wong, Edwina Gibbs, Sonali Paul Organizations: REUTERS, Rights, Global Times, Hai Precision Industry Co, Democratic Progressive Party, Taiwan, Thomson Locations: Taipei, Taiwan, Rights TAIPEI, China, China's, Henan, Hubei, Zhengzhou, India, U.S
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
Hong Kong CNN —Advertising giant WPP says it has fired an executive detained in China on suspicion of bribery. Last week, news emerged that the Chinese police had raided the Shanghai office of advertising agency GroupM, owned by WPP. WPP said Tuesday it had fired an executive detained in China on suspicion of bribery. The police didn’t name the company, but the Financial Times and Chinese state media linked it to GroupM. The announcement came a month after police questioned employees at the Shanghai office of top consultancy Bain.
Persons: , Terry Gou, wouldn’t, Mintz Organizations: Hong Kong CNN —, WPP, CNN, Reuters, Shanghai, Financial Times, drugmaker Astellas Pharma, China, Mintz Group, Bain Locations: China, Hong Kong, Shanghai, Beijing
That follows shock arrests and allegations of bribery at the Shanghai offices of US agency GroupM. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementChilling effectThe probes and arrests are likely to further chill foreign business activity in China. Outwardly, China's leaders have emphasized the country is open to foreign investment. "Both Chinese investment overseas and foreign investment in China have boosted friendship, cooperation, confidence, and hope," said Chinese Premier Xi Jinping earlier this month at a summit on the country's Belt and Road infrastructure initiative.
Persons: , Foxconn, Bain, Mintz, Steve Tsang, it's, Xi, Dan Harris, Terry Gou, Gou, Tim Cook, Cook, Wang Wentao, Apple, GroupM Organizations: Apple, Foxconn, GroupM, Service, WPP, Financial Times, FBI, SOAS China Institute, New York Times, Chinese Communist Party, Huawei Locations: China, Shanghai, Taiwan, Beijing, New York, Seattle
Jim Cramer has some simple advice for investors trying to make sense of the latest Apple (AAPL) news going into next week's earnings: Don't panic. State media Global Times reported on Sunday that Chinese authorities are investigating key Apple supplier Foxconn. It's just the latest in a string of negative headlines for the tech giant in China, its third-biggest market. However, Apple stock was still nearly 9% below its Sept. 5 close, the day before the Journal report. Instead of trading on speculation, however, we will listen to what management says about Apple's AI efforts during next week's earnings call.
Persons: Jim Cramer, It's, Jeff Marks, Terry Gou, Foxconn, Apple, Jim, Jefferies, Jim Cramer's, Alexi Rosenfeld Organizations: Apple, Global Times, Bloomberg, Beijing, Journal, Huawei, U.S, Microsoft, Club, CNBC, Getty Locations: China, Taiwan, Washington, Americas, Europe, India, New York City
BANGKOK (AP) — Foxconn, a Fortune 500 company known globally for making Apple iPhones, was recently subjected to searches by Chinese tax authorities, state media reported Sunday. Foxconn, a Taiwanese -headquartered company officially registered as Hon Hai Precision Industry Co., Ltd, had its offices in Guangdong and Jiangsu provinces searched by tax officials, according to a report in the Chinese state-run Global Times newspaper. The Ministry of Natural Resources also inspected Foxconn offices in Henan and Hubei provinces, where the company has major factories. The report did not provide more details about the searches, including when they occurred or what was found. In recent years, China has banned pineapples, grouper fish and other agricultural products from Taiwan for import.
Persons: , Terry Gou, Gou Organizations: Fortune, Apple, Hai Precision Industry Co, Global Times, Natural Resources, Chinese Communist Party Locations: BANGKOK, Taiwanese, Guangdong, Jiangsu, Henan, Hubei, Foxconn, China, Taiwan
Sharing a stage at Foxconn's annual tech showcase in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang said their companies would build these "AI factories" together. And the data centres that produce it are AI factories," Huang said, adding that Foxconn had the expertise and scale to build them globally. Showing a hand-drawn sketch, Huang - sporting his signature black leather jacket - explained how "AI factories" could continuously receive and process data from autonomous electric vehicles to make them smarter. The AI factory would improve the software and update the entire AI fleet," said the Taiwan-born Huang. "In the future, every company, every industry, will have AI factories."
Persons: Foxconn, Liu Young, Jensen Huang, Huang, Orin, Liu, Jun Seki, Terry Gou, Sarah Wu, Ben Blanchard, Christian Schmollinger, Jamie Freed Organizations: Nvidia, EV, Foxconn's Tech, Thomson Locations: TAIPEI, Taipei, Taiwan, China, Foxconn, India, Japan
[1/4] Foxconn founder Terry Gou shakes hands with his supporters at one of his signature campaign offices in New Taipei City, Taiwan September 20, 2023. REUTERS/Ann Wang/ File Photo Acquire Licensing RightsTAIPEI, Oct 6 (Reuters) - Terry Gou, the billionaire founder of major Apple supplier Foxconn (2317.TW), said on Friday he had already collected enough electorate signatures to qualify to stand as an independent in January's presidential election. "Your signatures are a responsibility for me, and your signatures are a spur and encouragement to me. Gou, who stepped down as Foxconn chief in 2019, must gather close to 300,000 voter signatures by Nov. 2 to qualify as an independent candidate, according election regulations. The Central Election Commission will review the signatures and announce the results by Nov. 14.
Persons: Terry Gou, Ann Wang, Gou, Democratic Progressive Party's, William Lai, Lai, Ben Blanchard, Toby Chopra Organizations: REUTERS, Rights, Apple, Democratic Progressive Party, Democratic Progressive, Kuomintang, Taiwan People's Party, Thomson Locations: New Taipei City, Taiwan, Rights TAIPEI, Ukraine, China, Banqiao, Taipei, Beijing
TAIPEI, Sept 25 (Reuters) - The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation wrong but it is important and should not be feared, amid global concerns about rapid advances in artificial intelligence, or AI. Many countries are planning AI regulation, and Britain is hosting a global AI safety summit in November, focusing on understanding the risks posed by the frontier technology and how national and international frameworks could be supported. We've been calling for regulation, but only of the most powerful systems," he said. "Regulation has been not a pure good, but it's been good in a lot of ways. "It is possible to get regulation wrong, but I don't think we sit around and fear it.
Persons: OpenAI, Sam Altman, We've, Altman, Terry Gou, it's, Gou, Ben Blanchard, Ed Osmond Organizations: Microsoft Corp, Apple, Thomson Locations: TAIPEI, Britain, Taipei
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
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
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
CNN —Billionaire businessman Terry Gou has resigned from the board of directors of Foxconn, the world’s largest electronics manufacturer, days after announcing his bid for Taiwan’s presidency. A self-made, septuagenarian billionaire with a net worth of $6.8 billion, the 72-year-old Gou founded Foxconn, established as Hon Hai Precision Industry in Taiwan in 1974. It grew to become an international business empire and one of the world’s largest electronics contract manufacturers. Taiwan’s presidential election, due in January, comes at period of fraught tensions between the island of 24 million people and its superpower neighbor, China. Taiwan’s presidential election is expected to take place on January 13, 2024.
Persons: Terry Gou, , , Gou, Young Liu Organizations: CNN —, Foxconn, Taiwan’s, CNN, Hai Technology Group, Hai Precision Industry, Apple, Kuomintang, Democratic Progressive Party Locations: Taiwan, China
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
Terry Gou, Foxconn founder announces his bid for the Taiwan presidency during a press event in Taipei, Taiwan August 28, 2023. Before he announced his bid to run as an independent on Monday, Gou had sought the KMT ticket for the presidency but failed. But his direct language, along with his business acumen, has drawn crowds in pseudo-campaign events across Taiwan that Gou held in the run-up to his announcement. He showed me how to use the touch screen on the spot," Gou said in 2011 about his relationship with Jobs. Gou told Trump he wanted to be a peacemaker between Taiwan, China and the U.S. as Taiwan's president.
Persons: Terry Gou, Ann Wang, Taiwan's Terry Gou, Democratic Progressive Party's, Gou, Sung Wen, APPLE Gou, Foxconn, Steve Jobs, Jobs, reverentially, Xi Jinping, Donald Trump, Trump, Ben Blanchard, Yimou Lee, Sarah Wu, Raju Gopalakrishnan Organizations: REUTERS, Rights, Apple Inc, Foxconn, Democratic Progressive, DPP, Kuomintang, KMT, Taiwan People's Party, National University's Taiwan Studies, APPLE, Hai Precision Industry Co Ltd, Chicago, Atari, Dell, Apple, Sony Corp, Nintendo Co, Microsoft Corp, Communists, Communist Party's, Thomson Locations: Taiwan, Taipei, Rights TAIPEI, China, Beijing, Shanxi, Guangdong, People's Republic of China
Foxconn founder Terry Gou — who is worth nearly $7 billion — announced his bid for Taiwan's presidency on MondayTerry Gou, Foxconn founder announces bid for Taiwan presidency during a press event in Taipei, Taiwan August 28, 2023. Ann Wang/ReutersFoxconn founder Terry Gou has announced his bid to run for Taiwan's presidential election. Gou is positioning himself as "a representative of the mainstream consensus" and counting on his extensive business experience in the contest. Gou is the fourth — and only independent so far — candidate to join Taiwan's 2024 presidential race. Here's what to know about Gou, the 72-year-old founder of Foxconn, one of the world's biggest contract electronics manufacturers and Apple's key iPhone maker.
Persons: Terry Gou —, Terry Gou, Ann Wang, Gou, Foxconn Organizations: Taiwan, Reuters Foxconn, Taiwan's Central News Agency Locations: Taipei, Taiwan, Ukraine, China
Beijing has staged multiple military drills around the island in recent years, drawing condemnation from the United States and its allies. Before he announced his bid to run on Monday, Gou earlier this year sought the candidacy for the opposition KMT, which advocates for friendlier relations with Beijing. The KMT has not disguised its anger at Gou's entry into the race for president, seeing his move as opening the way to a victory for the DPP's Lai by splitting the opposition vote. Most recent polls put the DPP's Lai on around 35-40% of the vote, around 10 percentage points clear of his closest rival. To qualify as an independent, he has to collect close to 300,000 voter signatures by Nov. 2, according to election regulations.
Persons: Foxconn, Terry Gou's, Gou, William Lai, Hou Yu, Hou, Eric Chu, Ko Wen, Ko's TPP, Lai, Ko, Chen Shui, Wang Ting, There's, Ben Blanchard, Yimou Lee, John Geddie, Michael Perry Organizations: Kuomintang, KMT, Democratic Progressive Party, Apple, DPP, New, ih, Taiwan People's Party, Reuters, Facebook, Thomson Locations: TAIPEI, China, Taipei, Beijing, United States, New Taipei City, Taiwan
Aug 28 (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The Asian economic calendar is light, with only Japanese unemployment and the latest industrial production, trade and inflation figures from Vietnam on tap. Trading volumes should return to more normal levels with UK markets open again. Fellow real estate developer China Resources Land publishes half-year results on Tuesday, while Evergrande shares trade for a second day after Monday's long-awaited reopening. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.
Persons: Jamie McGeever, Gina Raimondo, Terry Gou, Josie Kao Organizations: Stock, financials Bank of China, Garden, Land, U.S . Commerce, Washington, Apple, Monday, . Commerce, Thomson, Reuters Locations: Beijing, Vietnam, China, Ukraine, Japan
Gou said investors would lose confidence in China if the country confiscated Foxconn's assets. AdvertisementAdvertisementTerry Gou, the billionaire founder of Foxconn — a key supplier to Apple — has thrown his hat into the ring for Taiwan's presidential election. Gou said Beijing — which claimed self-ruled Taiwan as its territory — wouldn't be able to use the businessman's vast empire to influence him. Gou said Foxconn's clients include the most important names on Wall Street, including Apple, Amazon, Tesla, and the current investor-favorite, Nvidia. So, supply chains would be massively disrupted if Beijing confiscated Foxconn's assets, he said.
Persons: Terry Gou, he's, Gou, Foxconn, Apple —, Foxconn —, William Lai Ching, Hou Yu, Ko Wen Organizations: Morning, Apple, Hai Technology, Chinese Communist Party, Nvidia, Communist Party, Bloomberg, Taiwan's, KMT, Democratic Progressive Party, ih, New, Kuomintang, Taiwan People's Locations: Beijing, China, Taiwan, Taipei, Foxconn, New Taipei City
Foxconn founder announces Taiwan presidency bid
  + stars: | 2023-08-28 | by ( Reuters Editorial | ) www.reuters.com   time to read: 1 min
PoliticsFoxconn founder announces Taiwan presidency bidPostedTerry Gou, the billionaire founder of major Apple supplier Foxconn, announced on Monday a bid to be Taiwan's president in January elections. Edward Baran has more.
Persons: Foxconn, Terry Gou, Edward Baran Organizations: Apple, Foxconn Locations: Taiwan
Foxconn founder Terry Gou announces run for Taiwan presidency
  + stars: | 2023-08-28 | by ( ) www.cnbc.com   time to read: +1 min
Terry Gou Tai-ming, founder and chairman of Taiwan's Foxconn Technology, speaks during the Canton Tower Science & Technology Conference Guangzhou on December 8, 2016 in Guangzhou, Guangdong Province of China. Terry Gou, the billionaire founder of major Apple Inc supplier Foxconn , said on Monday he was entering the race to be Taiwan's next president as an independent candidate in 2024 elections. Gou has spent the past few weeks touring Taiwan and holding campaign-like rallies, fueling speculation he was planning to run as an independent. "Give me four years and I promise that I will bring 50 years of peace to the Taiwan Strait and build the deepest foundation for the mutual trust across the strait," he said in a plea to Taiwan voters. "Taiwan must not become Ukraine and I will not let Taiwan become the next Ukraine."
Persons: Terry Gou Tai, Terry Gou, Gou, Hou Yu Organizations: Technology, Science & Technology Conference, Apple Inc, Foxconn, Kuomintang, KMT, ih, New, Democratic Progressive Party Locations: Canton, Science & Technology Conference Guangzhou, Guangzhou, Guangdong Province of China, China, New Taipei City, Taiwan, Ukraine
Foxconn founder Terry Gou said the US stock market would crash in 10 seconds if war were to break out over Taiwan. China claims self-ruled Taiwan — the world's top chip supplier — as its territory. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. China claims self-ruled Taiwan — the world's top chip supplier — as its territory and has been ramping up military drills around the island. Gou did not immediately respond to a request for comment from Insider sent to his verified Instagram account.
Persons: Terry Gou, Thomas Friedman, Friedman, Gou Organizations: Service, Wall, Facebook, New York Times, Hai Precision Industry, Bloomberg, Taiwan's, KMT, China Morning Post Locations: Taiwan, Ukraine, China, Wall, Silicon, Russia, Gou, Foxconn
What Chinese Calligraphy Taught Me About Myself
  + stars: | 2023-06-27 | by ( Jerrine Tan | ) www.nytimes.com   time to read: +3 min
In calligraphy, the idea is to replicate the old masters’ techniques, thereby refining your own. I was trying to make sense of this tangle by writing lines, but at its heart, calligraphy is a sensuous practice. As a bodily practice, calligraphy could transcend its own cultural constraints. I had been learning calligraphy to try to get in touch with my cultural roots, but what I was really seeking was a return to myself. In my visceral responses, I observe how calligraphy reveals our intuition for beauty.
Persons: , , nudged, tingle, Roland Barthes, I’ve, Jerrine Tan Organizations: verve, City University, City University Hong Kong Locations: City University Hong
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