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Foxconn founder Terry Gou is no longer running for president of Taiwan.
It’s the second time the man behind Apple’s iPhone factories has dropped out of the race after failing to secure the opposition party’s nomination. His withdrawal comes one month after China began investigating Foxconn — possibly for political reasons — and nearly three months after he resigned from the board of Foxconn for “personal reasons”.
Sources told Reuters his withdrawal brings “a sense of relief” to Foxconn. He stepped down as head of Foxconn in 2019.
Business tycoon Terry Gou drops out of presidential race (update) - Focus Taiwan
[Focus Taiwan - CNA English News]
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