Foxconn chairman, Terry Gou, announces run for Taiwan precidency in 2020. A decision which places Foxconn’s leadership in an uncertain future.
Foxconn is Apple’s largest iPhone supplier, yet this relationship with Apple could be at risk with Terry decision – a relationship which has already suffered due to low iPhone sales. Yet in a public statement, Foxconn outlined that Gou wished to “withdraw from daily operation” but will “continue to provide strategic direction and guidance”
Terry’s decision may also impact the company’s Chinese and US relations – countries which are involved in an on-going trade war. Questions have already be raised about Foxconn’s promised $10 billion investment in a LCD screen factory in Wisconsin. While Jenny Chan, an assistant professor at Hong Kong Polytechnic University, has outlined that she expects stronger links between Taiwan and China if Gou is elected.
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