Foxconn’s Gou Quits Taiwan’s KMT, Paving Way for Presidential Bid

Foxconn Technology Group founder and chairman, Terry Gou, speaks during a news conference after his trip to the U.S., in Taipei, Taiwan on May 6, 2019. Tyrone Siu/Reuters

TAIPEI–Terry Gou, the founder of Apple supplier Foxconn, quit Taiwan’s main opposition party on Sept. 12, paving the way for a possible bid to stand in a presidential election as an independent, complicating President Tsai Ing-wen’s prospects.

Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, has extensive business interests in China.