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Taiwan's Foxconn chief hints at presidential run

AFP  |  Taipei 

Tech giant Foxconn's boss hinted Tuesday that he is considering running for of in elections early next year.

The 69-year-old said Monday that he would soon step back from frontline operations while remaining at the helm of the supplier.

Known for his aggressive dealmaking, has been snapping up investments from to in a bid to diversify from

But when asked by reporters Tuesday if he would run for president, he said: "I will have meetings today and hear (feedback). Hopefully we can talk about this tomorrow or later."

Gou, a supporter of the Beijing-friendly opposition party, said he would follow the party's nomination procedure "if I were to join the KMT's primary".

"If (I were to) stand from the height of the to ponder over Taiwan's issues, I feel that peace, security, economy and future ... are most important," he said in comments aired by local tv channels.

Incumbent Tsai Ing-wen, 62, of the Beijing-sceptic has declared she is seeking re-election in the January 11 elections.

She faces the challenge of pro-independence former in the party's primaries, and the DPP is set to announce its later this month.

Also known by its official name Hon Hai Precision Industry, is the world's biggest and assembles iPhones as well as parts and accessories for other international brands.

Last year, appeared alongside US President at a groundbreaking ceremony for a cutting-edge factory in Wisconsin, backed by $4 billion in controversial tax breaks.

However, announced earlier this year that it was re-assessing its $10 billion plan for the factory due to changing global market environment.

Asked Tuesday if he would tell Trump should he decide to run for president, Gou said: "Why would I tell my decision to the US president? He is not (among) my voters. My voters are Taiwanese compatriots. My priority is tell the voters my decision."


Gou was born in 1950 in to Chinese immigrant parents who had fled the Communist victory in China's civil war. He studied shipping management in college while supporting himself with part-time jobs.

Gou started his business in 1974 making television parts with an investment of Tw$100,000 ($3,250 at current exchange rate) from his mother, and later began producing computer parts -- eventually growing to become the world's biggest

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 16 2019. 12:45 IST
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