Terry Gou jumps into 2024 Taiwan presidential race as independent candidate

  • Terry Gou, founder of the Taiwan-based manufacturing giant Hon Hai Precision Industry Co., announced that he will run for president in 2024 on an independent ticket.
  • With the declaration of his intention to join the 2024 race as an independent, Gou will now be required to obtain the signatures of at least 1.5 percent of the electorate in the last legislative election, which would mean around 290,000 signatures, within 45 days of his formal application to run as an independent candidate, according to law.
  • In the presidential election on Jan. 13, 2024, he will come up against Vice President Lai Ching-te, who chairs the DPP, New Taipei Mayor Hou Yu-ih of the Kuomintang (KMT), and Taiwan People’s Party (TPP) Chairman Ko Wen-je.
  • In a statement released hours after Gou threw his hat into the ring as an independent, the KMT said it was “deeply regrettable” that he had reneged on his earlier promise to help its presidential candidate Hou Yu-ih win the 2024 election. The KMT, also said any of its members who publicly show support for Gou in his presidential bid will be subject to disciplinary measures. However, the party said, it still hopes that Gou would return to the KMT fold one day and join the mainstream efforts to unseat the Democratic Progressive Party (DPP).

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