Foxconn’s Founder Resigns to Run for Taiwan Presidency

  • Gou, the founder of Foxconn, has stepped down from the board due to ‘personal reasons’ amid his presidential bid in Taiwan.
  • Despite trailing behind other candidates in polls, he promises to deliver ’50 years’ of peace and rebuffs concerns over susceptibility to Chinese pressure.
  • Gou remains Foxconn’s largest shareholder; the company has a robust manufacturing presence in China.
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