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Old 23-06-2019, 12:00 AM
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Thumbs up Gou cedes Foxconn control as he eyes Taiwan presidency

An honorable member of the Coffee Shop Has Just Posted the Following:

Taiwan's richest man Terry Gou said on Friday he would cede control of tech giant Foxconn to a committee, leaving the Apple-supplier in uncharted waters while he runs for president.

Gou has been at the helm of Foxconn, the world's largest electronics assembler, for more than four decades but has set his sights on becoming Taiwan's next president.

Those political aspirations come at a sensitive time for a company that is acutely vulnerable to the US-China trade war.

Taiwan goes to the...

Gou cedes Foxconn control as he eyes Taiwan presidency


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