Head of Foxconn is planning to step away from day-to-day operations and said Tuesday that he is mulling a run for president of Taiwan
TAIPEI, Taiwan — The head of Foxconn Technology Group is planning to step away from day-to-day operations at the world’s largest electronics provider and said Tuesday that he is mulling a run for president of Taiwan.
The Nationalists favor closer ties with Beijing, a policy that accords with Gou’s massive business interests in China. Any candidate is expected to face a crowded field in the 2020 polls, in which President Tsai Ing-wen of the pro-independence Democratic Progressive Party says she will seek a second four-year term.
Foxconn counts Apple, Google and Amazon as customers and has said it will build a manufacturing facility in the U.S. state of Wisconsin. “I feel that I should tone down my personal influence ... let young people learn sooner in order to take my position as soon as possible so that I can have more free time to work on long-term planning for the company’s future.”
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