Foxconn founder Gou to run for Taiwan presidency as independent

Taiwanese business tycoon Terry Gou, founder of Hon Hai Precision Industry Co. known by its trade name Foxconn, declared Monday his candidacy for the island's next presidential election in January as an independent.The 72-year-old billionaire, who established a major supplier of Apple Inc. products, is the fourth major candidate in the race. The move is expected to work in favor of Vice President Lai Ching-te, leader of the Democratic Progressive Party, with Gou likely to further fragment votes among challengers to the ruling party.At a Taipei press conference on Monday, Gou promised to bri…READ FULL ARTICLE