Apple Supplier Foxconn's Terry Gou Abandons Taiwan Presidential Race Following Disagreement With Opposition

In a surprising development, Foxconn (OTC:FXCOF) founder Terry Gou has withdrawn his candidacy from the Taiwan presidential race due to a division among opposition parties.

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Negotiations between KMT and TPP, facilitated by Gou, were abandoned late Thursday. Gou, who was an independent candidate, confirmed his withdrawal three hours before the registration deadline.

With the opposition divided, the Democratic Progressive Party (DPP) continues its election campaign, with its candidate, Vice President Lai Ching-te, leading in the polls.

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