Foxconn founder Terry Gou withdraws from race for Taiwan presidency – News21USA

TAIPEI (News21USA) – Terry Gou, the billionaire founder of major Apple supplier Foxconn, withdrew from the race to be Taiwan’s next president on Friday after opposition talks to mount a jointticket against the ruling party.

Gou announced his candidacy in August, saying he wanted to unite the opposition and ensure the island did not become “the next Ukraine”, blaming the ruling Democratic Progressive Party (DPP) for bringing Taiwan to the brink of war by antagonizing Taiwan. China, which claims the island as its own territory.

Gou, who only got the go-ahead from the electoral commission last week after collecting enough valid signatures to run as an independent, said in a statement that he was “retiring his body but not his spirit.”

“STOP, RESET, RESET,” he added in English.

He did not specify what he would do next in the presidential campaign or who he might support: Hou Yu-ih, of Taiwan’s largest opposition party, the Kuomintang (KMT), or former Taipei mayor Ko Wen-je, of the much smallest Taiwan People’s Party. (TPP)

“We must win! Okay? Complete the change of power and change Taiwan,” Gou said.

Ko offered his thanks to Gou in a comment on Gou’s Facebook page.

“We will definitely win!” Ko added.

Gou had tried to mediate talks between the KMT and TPP to compete together against the DPP, but those efforts imploded on Thursday night after an angry confrontation between opposition party leaders in front of journalists and broadcast live on Taiwanese television channels in a conference room at a Taipei hotel.

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