Terry Gou has stepped down as chairman of the electronics manufacturing giant ahead of his bid for the island state’s top job. A nine-person committee will take over for the 69-year-old political neophyte, who will vie for the opposition Kuomintang Party’s nomination for the January vote.
What are his chances? Although he single-handedly built one of the world’s leading global electronics firms, Gou will likely face scrutiny over his friendlier stance toward China — where Foxconn is the largest private employer.
Read this OZY feature about Taiwan’s downtrodden millennials.