Foxconn founder Terry Gou will not run for Taiwan president

The business tycoon made the decision not to make a presidential bid after saying he realized he could not end the country's divisions

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Foxconn founder Terry Gou (CNA photo)

Foxconn founder Terry Gou (CNA photo)

TAIPEI (Taiwan News) – Foxconn founder Terry Gou (郭台銘) announced late on Monday (Sept. 16) he would not take part in the 2020 presidential election.

The former Foxconn chairman was expected to run for president, even after losing the Kuomintang (KMT) nomination and leaving the party earlier this month. He expressed gratitude to his supporters for being loyal despite relentless bullying from rival supporters.

He also reiterated that his intention to run for president was is in the interests of Taiwan. Gou explained that he had come to realize it was impossible to heal the country’s divisions and hatred by making a presidential run.

In his statement to the press he concluded that he would continue to be a passionate supporter of the Republic of China (中華民國) and if his country called he would be there.