Foxconn founder Guo announces Taiwan presidential run

Terry Gou, the billionaire founder of Foxconn, has announced his intention to seek the presidential nomination of Taiwan’s main opposition Kuomintang party, citing the need to “avoid war” with China. Gou warned that there is a risk of war breaking out anytime and that the ruling Democratic Progressive Party (DPP) must be voted out to prevent this. Taiwan will elect its next leader in January 2024, with President Tsai Ing-wen set to step down in May of that year.