Foxconn head says he's stepping back from daily operations
Terry Gou said he would make a decision "in a day or two" on a possible presidential bid, according to Taiwan's official Central News Agency. He said that if he decided to run, he would take part in the opposition Nationalist Party primary rather than mount an independent bid.
Gou told reporters Monday at an event in Taipei that he would step back from daily operations at Foxconn. He said he wants to work on a book about his management philosophy honed over 45 years and prepare a younger generation to eventually take over operations at the company. "The major direction of the company will still be guided by me. But I will gradually step back from the front-line operations," the 69-year-old Gou said.
Foxconn announced in 2017, to much fanfare, that it planned to invest $10 billion in Wisconsin and hire 13,000 people to build an LCD factory that could make screens for televisions and a variety of other devices.
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