Chaos will hit Foxconn if chairman runs for Taiwan president: Japan media

Terry Gou announced Wednesday he was willing to participate in KMT primaries

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TAIPEI (Taiwan News) - If Foxconn Technology Group Chairman Terry Gou (郭台銘) runs for president, it might mean chaos for his company, Japan’s Nihon Keizai Shimbun reported Wednesday (April 17).

Gou announced the same day he was willing to participate in presidential primaries to be organized by the main opposition Kuomintang (KMT) to select a candidate for the January 11, 2020.

The Japanese media reported that if Gou had to resign from the chairmanship of the group he founded, the absence of his centralized leadership style might cause confusion and chaos within the company, the Liberty Times reported.

Foxconn, known as Hon Hai Precision Industry in Taiwan, is one of the world’s biggest supplier of electronic products, including iPhones for Apple, and also controls Japan’s Sharp Corporation.

Gou conducted his business affairs in a “dictatorial” style and decided every detail, according to the Liberty Times report, so if he were forced to resign from the group, it would find itself without a strong leader.

Commentators suggested that Gou had been inspired by businessman Donald Trump’s success in running for the White House.