Terry Gou angling for independent presidential run, abandons Kuomitang

China | 12 Sep 2019 1:02 pm

Terry Gou, the billionaire founder of iPhone assembler Foxconn Technology Group, quit Taiwan’s China-friendly opposition party today in a move seen as paving the way for an independent run for the island’s presidency, Bloomberg reports.

In the latest signal of an impending bid, Gou’s campaign spokeswoman Evelyn Tsai said that Gou was withdrawing from the Kuomintang, a necessary precursor to a run as an independent. While Gou met with senior members of the KMT this week, his aides visited Taiwan’s Central Election Commission to clarify election registration procedures.

He has until Tuesday to apply to take part in the election.

A Gou campaign would throw Taiwan’s politics into turmoil, making January’s vote the most hotly contested presidential election there in decades. It would pit him against incumbent President Tsai Ing-wen and KMT challenger Han Kuo-yu. It would also make the KMT’s uphill battle to unseat Tsai even harder, with Gou likely to sap more support from Han than Tsai.

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