Gou stepped down as a director of the company he founded in 1974 due to “personal reasons,” according to a statement from Foxconn Saturday. Foxconn thanked Gou, who remains its largest shareholder, for his contribution to the group and the global electronics industry.
Gou’s resignation comes less than a week after he ended months of speculation by formally announcing his intention to run in Taiwan’s presidential election, scheduled for January.
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