Terry Gou

Terry Gou withdraws from Taiwan president race, bringing relief to Foxconn

TERRY Gou, the billionaire founder of tech giant Foxconn, on Friday (Nov 24) withdrew from the race to be Taiwan’s next president, bringing a sense of relief to the major Apple supplier and iPhone man...

The billionaire secured more than 900,000 valid signatures in support of his bid.

International

Foxconn founder eligible to run in Taiwan election

Taiwan has approved Foxconn Technology Group founder Terry Gou’s petition to run for president, clearing the final hurdle to entering the hotly contested race.

Net profit for July-September rose to T$43.1 billion (S$1.81 billion) from T$38.8 billion in the same period last year.

Companies & Markets

Foxconn reports 11% rise in Q3 net profit

Key iPhone supplier Foxconn said on Tuesday (Nov 14) that it saw an 11 per cent profit increase in its third-quarter profits.

4 supporters of Foxconn founder Terry Gou are said to have offered a carton of toilet paper to staff of a farmers’ association in exchange for each signature to support his presidential bid.

International

Taiwan probes Foxconn founder's campaign over toilet paper bribes

Taiwanese authorities said on Thursday (Nov 2) they are investigating claims that supporters for Foxconn founder Terry Gou had offered toilet paper in exchange for signatures needed for his presidenti...

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