Foxconn’s Terry Guo announces independent bid for Taiwan’s presidency

News Snapshot:

Billionaire Terry Gou has thrown his hat in the proverbial ring for Taiwan’s upcoming presidential election in January, but now there’s a twist. After failing to secure the opposition party’s nomination as he’d hoped, Gou, the founder of Foxconn, will instead run as an independent candidate. This is Guo’s third attempt to become president. In 2019, back when he was the richest person on the island, he resigned as chairman of Foxconn, known as the major supplier of Apple’s iPhones, in order to ru n . However, he dropped out after failing to win the nomination for the nation’s main...