NEWS

Tech Billionaire Declares For Presidency

<h4>Tech Billionaire Declares For Presidency<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> has reliably gathered that Terry Gou&comma; founder of iPhone assembler Foxconn&comma; has said&comma; early Monday&comma; that he would make an independent bid for Taiwan&&num;8217&semi;s presidency&period;<&sol;p>&NewLine;<p>The billionaire&&num;8217&semi;s interest has inexorably added to an increasingly crowded field of the country’s presidential aspirants&period;<br &sol;>&NewLine;The election&comma; according to information&comma; is fixed for January 2024 &period;<&sol;p>&NewLine;<p>The 72-year-old tech billionaire&&num;8217&semi;s announcement makes him the fourth candidate for the position&period;<&sol;p>&NewLine;<p>He is expected to slug it out with other political heavy weights like Vice President Lai Ching-te of the ruling Democratic Progressive Party&comma; DPP&comma; Taiwan People&&num;8217&semi;s Party Chairman&comma; Ko Wen-je as well as New Taipei Mayor&comma; Hou Yu-ih of the China-friendly Kuomintang &lpar;KMT&rpar;&period;<&sol;p>&NewLine;<p>Gou also pledged to grow Taiwan&&num;8217&semi;s economy and boost its technological prowess&comma; saying he will &&num;8220&semi;make Taiwan overtake Singapore within 20 years&&num;8221&semi; and have the highest GDP per capita in Asia&period; &&num;8220&semi;If Singapore can do it&comma; so can Taiwan&comma;&&num;8221&semi; he said&period;<&sol;p>&NewLine;<p>&&num;8220&semi;We need to pull the country back to the path of peace and prosperity through this election&period; Only by doing so can hundreds of industries safely develop and can people live and work in peace and contentment&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The businessman with close ties to China also said he would ensure peace across the Taiwan Strait&period;<br &sol;>&NewLine;&&num;8220&semi;Taiwan should absolutely not become Ukraine&period; I shall never let Taiwan be the next Ukraine&comma;&&num;8221&semi; said Gou&comma; who is known as Guo Tai-ming in Chinese&period;<br &sol;>&NewLine;&&num;8220&semi;I can guarantee that I&&num;8217&semi;ll bring 50 years of peace to the Taiwan Strait&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Meanwhile&comma; on Friday&comma; August25&comma; Vice President Lai Ching-te of the ruling Democratic Progressive Party was the front-runner in a poll published by the news site My Formosa&period;<&sol;p>&NewLine;<p>In a scenario of the four candidates&comma; the vice president garnered 39&period;1&percnt; of support&period; Gou was in last place with 12&percnt;&period; His entry is widely seen by analysts as benefiting the ruling party candidate by splitting opposition votes&period;<&sol;p>&NewLine;<p>In his press conference&comma; Gou attacked the &&num;8220&semi;corrupt and useless&&num;8221&semi; DPP&&num;8217&semi;s record of government&comma; and argued mainstream public opinion turned against the party in last November&&num;8217&semi;s local elections&period; But the opposition has failed to unite&comma; he warned&comma; in a thinly veiled swipe against the KMT and its embattled nominee Hou&period;<&sol;p>&NewLine;<p>Gou&&num;8217&semi;s move follows his loss of the KMT nomination to Hou&comma; the second time he has failed to secure approval from the party&period; Gou sparked months of speculation five years ago that he would run as an independent&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;dailytrust&period;com&sol;">His presidential bid is obviously related to a grudge during the KMT&&num;8217&semi;s selection process&comma; when the party leadership chose Hou and passed him over without a primary&comma; according to Huang Kwei-bo&comma; associate professor of diplomacy at Taiwan&&num;8217&semi;s National Chengchi University&period;<&sol;a><&sol;p>&NewLine;<p>&&num;8220&semi;Now he is on par with Ko and Hou&comma; and can bargain as a fellow presidential hopeful&period; These are negotiation tactics&comma;&&num;8221&semi; Huang told Nikkei Asia&period; &&num;8220&semi;The objective for Hou&comma; Ko and Gou is to produce a united ticket against Lai&period; Otherwise the votes will be split&comma; heavily weakening the opposition&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Gou needs sufficient nominations to officially become a presidential candidate in November&period; That shouldn&&num;8217&semi;t be a problem but &&num;8220&semi;it doesn&&num;8217&semi;t mean he&&num;8217&semi;ll necessarily do so&comma;&&num;8221&semi; Huang said&period; &&num;8220&semi;It depends on the negotiations&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Gou has said several times previously that his 40 years of industry experience makes him the best choice to navigate Taiwan through U&period;S&period;-China tensions&period;<&sol;p>&NewLine;<p>He has visited the U&period;S&period; twice and Japan once this year&comma; meeting industry leaders such as Open AI founder Sam Altman&comma; economist Thomas L&period; Friedman and former Japanese Prime Minister Taro Aso&period;<&sol;p>&NewLine;<p>The presidential race comes at a critical time as China has stepped up its military aggression and political coercion against Taiwan&period;<&sol;p>&NewLine;<p>Earlier this month&comma; the Beijing banned Taiwanese mango imports&comma; threatened to walk back from a major trade pact and sent warships and planes near Taiwan &&num;8212&semi; moves widely seen as an effort to intimidate Taiwanese voters&period;<&sol;p>&NewLine;<p>Beijing has never ruled Taiwan but claims it as its territory&comma; refusing to rule out using force to take control of the democratic island&period;<br &sol;>&NewLine;Born on October 18&comma; 1950 in Banqiao Township&comma; Taipei County &lpar;now Banqiao District&comma; New Taipei&rpar; Gou grew up with his parents who lived in mainland China&&num;8217&semi;s Shanxi Province before the Chinese Civil War and fled to Taiwan in 1949&period;<&sol;p>&NewLine;<p>His father was a policeman who fought on behalf of the Kuomintang during the war&period;<&sol;p>&NewLine;<p>As the second child of his family&comma; Gou received education from elementary school to post college&period; After graduation&comma; he continued to work in a rubber factory&comma; working at a grinding wheel&comma; and medicine plant until the age of 24&period;<&sol;p>&NewLine;<p>Gou has an older sister and two younger brothers&comma; Gou Tai-chiang and Tony Gou&comma; who have both become successful businesspeople as well&period;<&sol;p>&NewLine;<p>Gou fulfilled his national service obligations by joining the Republic of China Air Force as an anti-aircraft artillery officer&period;<&sol;p>&NewLine;<p>As part of the airforce&comma; he was stationed in Kinmen at a time when a potential People&&num;8217&semi;s Liberation Army invasion of the island as a stepping stone to invade Taiwan was a real fear&period;<&sol;p>&NewLine;<p>The Taiwanese billionaire businessman and politician is the founder and former chairman and chief executive officer of Foxconn&comma; the world&&num;8217&semi;s largest contract manufacturer of electronics&period;<&sol;p>&NewLine;<p>Founded in 1974&comma; Foxconn grew to become an international business empire&comma; becoming the largest private employer and exporter in mainland China with a workforce of 1&period;2 million&period; As of 2022&comma; Gou had a net worth of US&dollar;6&period;8 billion&period;<&sol;p>&NewLine;<p>Beginning in 2016&comma; speculation surrounding Gou&&num;8217&semi;s political ambitions arose ahead of the 2020 presidential election&period;<&sol;p>&NewLine;<p>In 2019&comma; Gou resigned from Foxconn and joined the Kuomintang &lpar;KMT&rpar; to run for president&comma; declaring he was instructed by the sea goddess Mazu in a dream to contest the election&period;<&sol;p>&NewLine;<p>Gou ultimately lost the election&comma; coming in second in the Kuomintang primary&period; After leaving the party following the 2019 primary&comma; Gou rejoined in 2023 and announced his intention to run for president in the 2024 presidential election&period;<&sol;p>&NewLine;<p>Once described as an &&num;8220&semi;old friend&&num;8221&semi; by Chinese leader Xi Jinping&comma; Gou has been characterized as friendly to Mainland business interests during his political and business career&period;<&sol;p>&NewLine;<p>In December 2022&comma; Gou was credited with helping to successfully lobby the Xi Jinping Administration to ease zero-COVID rules implemented during the pandemic&period;<&sol;p>&NewLine;<p>On foreign policy&comma; Guo has criticized the Taiwan independence movement and has called for a de escalation of Sino–American tensions&period;<&sol;p>&NewLine;<p>Owing to his business background and image as a political outsider&comma; Gou has been compared in international media to former U&period;S&period; President Donald Trump&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;22172" aria-describedby&equals;"caption-attachment-22172" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-22172" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2023&sol;08&sol;Terry-Gou-300x138&period;jpg" alt&equals;"Tech Billionaire Declares For Presidency" width&equals;"300" height&equals;"138" &sol;><figcaption id&equals;"caption-attachment-22172" class&equals;"wp-caption-text"><em><strong>Terry Gou&comma; founder of iPhone assembler Foxconn<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;

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