Terry Gou, the billionaire founder of Foxconn Technology Group, pulled out of next year's presidential election in Taiwan, a move that may help unite the opposition Kuomintang. Gou apologized to his supporters in a statement on Facebook on Tuesday outlining his decision to withdraw from ...
Pro-China mayor beats Foxconn founder Terry Gou to face Tsai Ing-wen in Taiwan presidential vote
A populist mayor who favors closer ties with Beijing was announced as the presidential candidate for Taiwan's opposition on Monday as it looks to unseat President Tsai Ing-wen in upcoming elections. Han Kuo-yu won the primary for the opposition Kuomintang party, comfortably seeing off a ...
Tesla to Apple: Help us nail thief who took robocar secrets to China start-up
Tesla Inc. and Apple Inc. both suspect they were betrayed by driverless technology engineers who defected to the same Chinese startup. So Tesla is now asking for Apple's help in a lawsuit in which the electric carmaker accused an engineer who worked on its Autopilot ...
Foxconn's Terry Gou announced Friday he is stepping down as chairman of the major contract electronics maker formally known as Hon Hai Precision Industry Co. but will remain on its board as he campaigns to become president of Taiwan. Board members subsequently elected Young Liu, ...
Trump EPA overruled career staff on smog at Wisconsin county seeking to host key plant, emails show
Politically appointed U.S. environmental officials last year overruled concerns of career scientists about air pollution in a Wisconsin county where U.S. President Donald Trump has pushed for a factory to be built by Foxconn Technology Co., newly released internal emails show. Trump has been ...
Foxconn's Terry Gou says he will follow order of sea goddess to run for Taiwan presidency
Foxconn founder Terry Gou has claimed divine endorsement for his bid to become Taiwan's president: support of the Chinese sea goddess Mazu. The billionaire told reporters after visiting a New Taipei City temple Wednesday that the goddess had encouraged him to "come forward" to support ...
Foxconn's Terry Gou eyes run for Taiwan presidency after stepping back from daily business
Foxconn's Chairman Terry Gou said Tuesday he is considering whether to run for Taiwan's 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world's largest contract manufacturer. Speaking on the sidelines of an event to mark the 40th ...
CEOs at Davos sour on Trump policies, warning they hurt business and investment
From center-stage in Davos last year, President Donald Trump told the world's corporate bosses that America is a great place to invest. It hasn't quite turned out that way. Foreign direct investment to the United States fell in 2018, and companies gathered at the World ...
As demand slows, Apple iPhone supplier Foxconn plans deep cost cuts
Foxconn Technology Group, the biggest assembler of iPhones, has become the latest Apple Inc. supplier to warn of anemic demand, with an internal memo suggesting that expenses will be cut by almost a half next year. The contract manufacturer aims to cut $2.9 billion from ...
U.S. taxpayers count the cost of Foxconn's artful deal in Wisconsin
Whatever Americans were hoping for when they elected Donald Trump president in 2016, it's a fair bet that it didn't include shoveling billions of dollars of American taxpayer money to foreign companies to build white-elephant factories. But it looks as if that is what's happening ...
Sharp cancels new share sale, blaming market instability caused by U.S.-China trade tensions
Sharp Corp., the electronics-maker controlled by Foxconn Technology Group, canceled plans to raise as much as ¥200 billion ($1.8 billion) in a public share sale, blaming market instability fueled by U.S.-China trade tensions. The Osaka Prefecture-based company, which had planned to use the proceeds to ...
Foxconn Industrial Internet Co., is seeking to use proceeds from an initial public offering in China to bankroll 27.3 billion yuan ($4.3 billion) investment in next-generation projects. A unit of Hon Hai Precision Industry Co., the Taiwanese manufacturing giant responsible for making Apple iPhones and ...
