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Terry Gou

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In this Chinese name, the family name is Gou (郭).
Terry Gou
郭台銘
Gou in 2019
Born (1950-10-18) 18 October 1950 (age 74)
Banqiao, Taipei County, Taiwan
EducationTaipei University of Marine Technology (BS)
Years active1974–present
Known forFounder of Foxconn
Political partyKuomintang (1970–2000; 2019)
Independent (2000–2019; 2019–)
Spouses
Serena Lin
​
​
(m. 1974; died 2005)​
Delia Tseng
​
(m. 2008)​
Children5
RelativesSophie Chang (cousin)

Terry Gou (Chinese: 郭台銘; pinyin: Guō Táimíng; Pe̍h-ōe-jī: Koeh Tâi-bêng; born 18 October 1950) is a Taiwanese billionaire businessman and politician. Gou is the founder and former chairman and chief executive officer of Foxconn, the world's largest contract manufacturer of electronics.[1] Founded in 1974, Foxconn grew to become an international business empire, becoming the largest private employer and exporter in mainland China with a workforce of 1.2 million.[2] As of 2024, Gou had a net worth of US$10.4 billion.[3]

Beginning in 2016, speculation surrounding Gou's political ambitions arose ahead of the 2020 presidential election.[4][5][6][7] In 2019, Gou resigned from Foxconn and joined the Kuomintang (KMT) to run for president, declaring he was instructed by the sea goddess Mazu in a dream to contest the election.[8] Gou ultimately lost the election, coming in second in the Kuomintang primary.[9] After leaving the party following the 2019 primary, Gou rejoined in 2023 and announced his intention to run for president in the 2024 presidential election,[10] but after running as an independent candidate, he ended his campaign in late November 2023.[11]

Once described as an "old friend" by Chinese leader Xi Jinping, Gou has been characterized as friendly to Mainland business interests during his political and business career.[12][13] In December 2022, Gou was credited with helping to successfully lobby the Xi Jinping Administration to ease zero-COVID rules implemented during the pandemic.[14] On foreign policy, Gou has criticized the Taiwan independence movement and has called for a deescalation of Sino–American tensions.[15] Owing to his business background and image as a political outsider, Gou has been compared in international media to former U.S. president Donald Trump.[16][17][18]

Early life

[edit]

Gou was born in Banqiao Township, Taipei County (now Banqiao District, New Taipei). His parents lived in mainland China's Shanxi Province before the Chinese Civil War and fled to Taiwan in 1949.[19] His father was a policeman who fought on behalf of the Kuomintang during the war.[18]

As the second child of his family, Gou received education from elementary school to post college. After graduation, he continued to work in a rubber factory, working at a grinding wheel, and medicine plant until the age of 24. Gou has an older sister and two younger brothers, Gou Tai-chiang and Tony Gou, who have both become successful businesspeople as well.

Gou fulfilled his national service obligations by joining the Republic of China Air Force as an anti-aircraft artillery officer.[20] As part of the airforce, he was stationed in Kinmen at a time when a potential People's Liberation Army invasion of the island as a stepping stone to invade Taiwan was a real fear.[21] He would be discharged in 1973.[22]

Foxconn

[edit]
Gou with Brazilian president Dilma Rousseff in 2011
Speaker Paul Ryan, President Donald Trump, Governor Scott Walker, Terry Gou and Christopher Murdock at Foxconn's June 2018 groundbreaking ceremony in Wisconsin
Main article: Foxconn

Terry Gou founded Foxconn, established as Hon Hai Precision Industry (鴻海科技集團) in Taiwan in 1974[23] with $7,500 ($44,000 in 2021 US dollars) in startup money and a workforce of ten elderly employees. The company started off making plastic parts for television sets in a rented shed in Tucheng, a suburb of Taipei.[24] A turning point came in 1980 when he received an order from Atari to make the console joystick.[24]

Gou expanded his business in the 1980s by embarking on an 11-month trip across the US in search of customers. An aggressive salesman, Gou arrived uninvited at many companies' headquarters; often, he won orders despite security being called on him.[24]

In 1988, Gou opened his first factory in Shenzhen where his largest factory remains today. Giu scaled up production by integrating vertically the assembly process and facilities for workers. The manufacturing site became a campus that included housing, dining, medical care and burial for the workers, and even chicken farming to supply the cafeteria.[24]

In 1996, Hon Hai started building chassis for Compaq desktops. This was a breakthrough moment that led to building the bare bones chassis for other high-profile customers, including HP, IBM, and Apple. Within just a few years, Foxconn grew into a consumer electronics giant.[24]

Other business ventures

[edit]

In 2019, Gou argued that Apple should move its manufacturing out of mainland China to Taiwan. The comments came after he confirmed he will step down from his role as Foxconn chairman.[25][26]

Gou is also the main owner of HMD Global, which is a company founded in 2016 to sell Nokia branded phones. HMD buys the R&D, manufacturing and distribution from FIH Ltd, which is part of Hon Hai group.

In April 2021, Gou became the biggest shareholder in the biotech company Eirgenix.[27] In December 2022, The Wall Street Journal reported that a letter from Gou helped convince the Chinese government to ease Zero-COVID restrictions amid the COVID-19 pandemic.[14]

Political career

[edit]

Gou first joined the Kuomintang in 1970, but allowed his membership to lapse after 2000.[28] In the 2012 Taiwan presidential election, Gou endorsed Ma Ying-jeou,[29][30] stating that Ma was an "experienced, outstanding helmsman."[31] After Donald Trump won the 2016 United States presidential election, Gou was the subject of a spoof open letter in Bloomberg, in which author Tim Culpan was severely critical of Trump.[32] The article was mistakenly reported as having been written by Gou himself.[33]

Political views

[edit]

An opponent of the Taiwan independence movement, Gou claims the Democratic Progressive Party (DPP) "exalts Taiwan independence and hates and opposes China".[15] His position is that Taiwan independence is not an issue.[34] Instead, he supports the 1992 Consensus under the one-China framework,[35][36] and has criticized the DPP for political wordplay in their interpretation of the consensus.[37]

In 2019, Gou expressed misgivings about the legalization of same-sex marriage in Taiwan, arguing that the Legislative Yuan did not respect the results of the 2018 referendum where a majority voted against legalization.[38]

2020 presidential election

[edit]

From 2016, it was widely reported that Gou was considering a 2020 Taiwanese presidential bid,[4][5] and speculation continued into 2017.[6][7] He rejoined the Kuomintang in April 2019.[39] On 17 April 2019, Gou announced his intention to run in the Kuomintang primary for the 2020 presidential election.[40][41]

Gou declared that he had been instructed by the sea goddess Mazu in a dream to run as a candidate in the 2020 presidential election of the Republic of China.[8] He finished second in the 2019 Kuomintang presidential primary, with 27.7% of the vote. On 12 September 2019, Gou announced his withdrawal from the Kuomintang.[9][42] Four days later, Gou stated that he would not participate in the 2020 presidential election as an independent candidate.[43][44] Gou was offered the top position on the Taiwan People's Party party list for the 2020 legislative election, but declined such a bid.[45]

2019 Kuomintang Republic of China presidential primary results
Candidates Place Result
Han Kuo-yu Nominated 44.81%
Terry Gou 2nd 27.73%
Eric Chu 3rd 17.90%
Chou Hsi-wei 4th 6.02%
Chang Ya-chung 5th 3.54%

2024 presidential election

[edit]

In April 2023, Gou announced he would run for President in the Taiwanese 2024 general election.[10] Polling conducted in January 2023 found him in second place in a hypothetical KMT primary with Hou Yu-ih, the Mayor of New Taipei, receiving 28.6% of the vote versus Hou's 36.7%.[46] Gou formally declared his independent presidential bid on August 28.[47] On September 2, Foxconn announced that Gou had resigned his position on the board of directors for personal reasons.[48]

On 14 September 2023, Gou announced as his running mate the actress and writer Lai Pei-hsia [zh], also known as Tammy Lai.[49]

Gou officially qualified for the presidential election on 14 November 2023, when the signatures he had collected in order to run as an independent candidate were validated by Taiwan's Central Election Commission.[50] However, on 24 November 2023 he announced he was dropping out of the presidential race, and his name would not appear on the ballot.[51]

Public image

[edit]

Gou's status as a billionaire businessman and relative political outsider, Gou was compared to Trump in international media during his 2019 presidential candidacy.[16][17][18]

In 2007, Gou cited Genghis Khan as a personal hero.[52][53] Gou reportedly wears a beaded bracelet procured at a temple dedicated to the Genghis Khan, which he wears on his right wrist.[54][52]

"Animal" management comment controversy

[edit]

In 2012, a controversy arose after Gou jokingly compared Foxconn's workforce to animals during a company event at the Taipei zoo.[55][56] The Xinhua News Agency reported that while speaking on the challenges of presiding over a workforce with over one million employees, Gou stated that as "human beings are also animals, to manage one million animals gives me a headache."[57]

Foxconn defended Gou's comments, stating that "Mr. Gou did say that, since all humans are members of the animal kingdom, it might be possible to learn from Mr. Chin’s experience as his team looks for lessons that can be applied to business." Moreover, Foxconn clarified that Gou's comments were not discriminatory, explaining that "Mr. Gou’s comments were directed at all humans and not at any specific group".[58]

Anti-Korean comment

[edit]

In June 2012, Gou stated that he had "great esteem for Japanese (businessmen), especially those who are able to disagree with you in person and not stab you in the back, unlike the Gaoli bangzi". Gaoli bangzi is a racial slur for Korean people.[59]

Personal life

[edit]

Gou and his first wife, Serena Lin (林淑如; Lín Shúrú; 1950–2005), have a son who works in the film and real estate industries and a daughter who worked in the financial sector.[60] Gou founded an educational charity with Lin in 2000 and intended to eventually give away one third of his wealth to charity.[2] After Gou's wife died, Gou's daughter assumed leadership in the charity.[60]

In the 1990s, Gou had an extramarital affair with Chen Chung-mei, a bar girl according to Gou, who had a private investigator videotape her and Gou having sex in order to blackmail Gou for money. While Gou first agreed to pay the money, when they next met he had police arrest Chen and the private investigator, Hsu Ching-wei, and sued them for extortion, stating he knew the affair would become "exposed one way or another".[61]

In 2002, he bought a Roztěž [cs] castle near Kutná Hora in the Czech Republic for $30 million.[62]

In 2005, Serena Lin died of breast cancer at the age of 55.[24][63] Gou's younger brother, Tony Gou, died in 2007 of leukemia.[64][65] Also that year, Hsu Ching-wei accused Gou of having an affair during the 1990s.[66] Gou married his second wife, choreographer Delia Tseng [zh] (born 1974) on 26 July 2008.[67] Tseng and Gou have three children.[68] Together, they have decided to give 90% of Gou's wealth away.[60]

Wealth

[edit]

In 2016, Gou's net worth was US$5.6 billion.[69] By August 2017, Forbes listed his net worth at US$10.6 billion.[70] As of 2022, Gou had a net worth of US$6.8 billion, making him the sixth wealthiest person in Taiwan.[3]

References

[edit]
  1. ^ "Terry Gou". Time. 29 March 2012. Archived from the original on 7 March 2013. Retrieved 11 March 2013.
  2. ^ a b Dean, Jason; Tsai, Ting-I (27 May 2010). "Apple Investigating Foxconn's Steps to Deal With Suicides". The Wall Street Journal. Archived from the original on 19 September 2019.
  3. ^ a b Ho, Jane (29 May 2024). "Taiwan's 50 Richest". Forbes. Retrieved 12 November 2024.
  4. ^ a b "Pundits tap Terry Gou for 2020 presidential candidate". China Post. 16 November 2016. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  5. ^ a b "Hon Hai chairman hints at presidential aspiration". Taipei Times. 17 November 2016. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  6. ^ a b Chou, Christine (19 January 2017). "Business group head voices his support for Terry Gou bid". China Post. Archived from the original on 10 April 2017. Retrieved 27 January 2017.
  7. ^ a b "KMT's Chan outlines presidential bid". Taipei Times. 27 January 2017. Archived from the original on 26 January 2017. Retrieved 27 January 2017.
  8. ^ a b Debby Wu (17 April 2019). "Foxconn's Gou Runs for Taiwan President, Citing Message From Sea Goddess". Bloomberg. Archived from the original on 17 April 2019. Retrieved 19 April 2019.
  9. ^ a b Yu, Hsiang; Wang, Flor (12 September 2019). "Terry Gou quits KMT, paving way for possible independent run (update)". Central News Agency. Archived from the original on 13 September 2019. Retrieved 12 September 2019.
  10. ^ a b "Foxconn founder Gou says he will seek Taiwan presidency". Reuters. 5 April 2023. Retrieved 5 April 2023.
  11. ^ "Election 2024/Business tycoon Terry Gou drops out of presidential race". Focus Taiwan: CNA English News. 24 November 2023. Retrieved 24 November 2023.
  12. ^ Chung, Lawrence (18 April 2019). "Terry Gou: Taiwan's wealthiest man - and future presidential candidate". South China Morning Post. Retrieved 5 April 2023. "Today, Gou is known in Beijing as a "mainland-friendly business leader" and even Chinese leader Xi Jinping has called him his "old friend".
  13. ^ Ihara, Kensaku (18 April 2019). "Terry Gou's China ties complicate his Taiwan presidential run". Nikkei Asia. Retrieved 5 April 2023.
  14. ^ a b Zhai, Keith; Jie, Yang (8 December 2022). "Letter From Apple Supplier Foxconn's Founder Prodded China to Ease Zero-Covid Rules". The Wall Street Journal. Retrieved 5 April 2023.
  15. ^ a b Hoskins, Peter (5 April 2023). "Terry Gou: Foxconn founder in fresh run for Taiwan presidency". BBC News. Retrieved 7 April 2023.
  16. ^ a b Nakazawa, Katsuji (19 September 2019). "Foxconn's Terry Gou drops bid to be Taiwanese Donald Trump". Nikkei Asia. Retrieved 7 April 2023.
  17. ^ a b Griffiths, James (18 April 2019). "A goddess inspired a Taiwanese billionaire to follow Trump's example". CNN. Retrieved 7 April 2023.
  18. ^ a b c Hille, Kathrin (19 April 2019). "Terry Gou, Taiwan's disrupter-in-chief moves into politics". Financial Times. Retrieved 7 April 2023.
  19. ^ Einhorn, Bruce (7 July 2002). "Online Extra: Q&A with Hon Hai's Terry Gou". Bloomberg. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  20. ^ "郭台銘金門當兵舊照曝！ 一身軍裝腰桿挺直...合影「毋忘在莒」 | ETtoday政治新聞 | ETtoday新聞雲". www.ettoday.net. 13 May 2023.
  21. ^ "郭台銘慶光復曬當兵照 網友直言跟男藝人是「失散多年兄弟」 | ETtoday政治新聞 | ETtoday新聞雲". www.ettoday.net. 25 October 2019.
  22. ^ "Terry Gou (Guo Taiming) Biography and Story - Foxconn Founder - Aure's Notes". 8 November 2021.
  23. ^ "Founder and chairman, Hon Hai". CNN Money. 16 November 2012. Archived from the original on 10 April 2013. Retrieved 11 March 2013.
  24. ^ a b c d e f Balfour, Frederik; Culpan, Tim (9 September 2010). "The Man Who Makes Your iPhone". Bloomberg. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  25. ^ Porter, Jon (21 June 2019). "Foxconn founder urges Apple to move production from China to Taiwan". The Verge. Archived from the original on 22 June 2019. Retrieved 22 June 2019.
  26. ^ "Foxconn's Billionaire Founder Urges Apple to Invest in Taiwan". www.bloomberg.com. 21 June 2019. Retrieved 22 June 2019.
  27. ^ "Foxconn founder invests in biotech firm". DIGITIMES. 9 April 2021. Retrieved 13 May 2021.
  28. ^ Yu, Hsiang; Liu, Kuan-ting; Wang, Cheng-chung; Fan, Cheng-hsiang; Kao, Evelyn (17 April 2019). "KMT welcomes Terry Gou's presidential bid". Central News Agency. Archived from the original on 17 April 2019. Retrieved 17 April 2019.
  29. ^ Ruhala, Emily (12 January 2012). "Taiwan Re-Elects President Ma, Bolstering Ties to China". Time. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  30. ^ Kwong, Robin (14 January 2012). "Ma Ying-jeou wins Taiwan election". Financial Times. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  31. ^ "Profile: Ma Ying-jeou". BBC. 14 January 2012. Archived from the original on 28 January 2016. Retrieved 27 January 2017.
  32. ^ Culpan, Tim (7 December 2016). "Dear Mr. Trump, About Those U.S. IPhones". Bloomberg. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  33. ^ Shinde, Jayesh (8 December 2016). "Trump Gets Trolled by the Man Who 'Really Makes' The iPhones & It's So Honest, It's Hilarious". India Times. Archived from the original on 2 February 2017. Retrieved 27 January 2017.
  34. ^ "Taiwan independence not an issue: Presidential hopeful Terry Gou". Taiwan News. 13 May 2023.
  35. ^ Gou, Terry (17 July 2023). "Opinion: Taiwan abandoning the one-China framework aggravates the risk of war". Washington Post. Retrieved 28 July 2023.
  36. ^ "Gou supports 'consensus' - Taipei Times". www.taipeitimes.com. 10 May 2019.
  37. ^ "郭台銘粉絲團 on Instagram: "#圖文取自郭台銘粉絲團 金門和平宣言 🇹🇼 郭台銘 05/13/2023 台灣有2,300萬人，誰最了解戰爭的可怕？誰最渴望和平？不是台銘， 不是任何過去三十年在台灣的中華民國總統，而是金門人。 從1949年開始，八二三砲戰、單打雙不打⋯⋯金門人用你們的犧牲、英勇、痛苦、失去一條腿、甚至失去至親，你們捍衛了中華民國，你們站在第一線承受。 你們是全台灣人民過去得以安居樂業、國泰民安、經濟增長、科技發展⋯⋯的恩人。台灣本島的人不能也不可以遺忘了你們，因為你們，中華民國、台灣才有今天的和平。我在此向所有過去七十年，你們偉大的付出奉獻和甘苦，表達深深的歉意和致意。沒有金門，沒有台灣，沒有中華民國。沒有馬祖，沒有台灣，沒有中華民國。 台銘此次參加代表國民黨初選徵召競選活動，提出的競選理念主軸是「和平」、「繁榮」、「清廉」，而「和平」最重要，因為經濟繁榮、政府清廉能為人民帶來幸福，都必須建立在兩岸穩固的「和平」基礎上。 執政的民進黨，從總統到主席到立委到主要幹部，天天強調地反覆質問：「現在誰對台灣最有敵意？」、「誰天天派軍機、軍艦繞台，進行軍事演習？」、「誰讓台灣變成世界上最危險最兵凶戰危之地？」、「誰讓世界上所有到台灣來投資與進行經濟活動的國際經貿、科技等都受到影響？」 我郭台銘願意直接、明白的回答，現在對我們中華民國台、澎、金、馬地區，實施壓迫性的軍機、軍艦繞台，採取最有敵意軍事作為，將台灣逼到戰爭危機邊上的，就是原本應該「兩岸一家親」，應該「同為中國人」的中華人民共和國政府。不過除了這個表面看起來如此明顯的答案底下，更應該同時問的是：「為什麼大陸這段時間對我們有那麼深的敵意？」 「為什麼甚至連蔡英文總統主政的第一個四年，都沒有這種不斷軍演、軍機軍艦不斷繞台施加壓力的做法？」 也就是要反思追問：「這些做法究竟是針對誰來的？又是誰造成的？」那麼我郭台銘也願意直接、明白地回答：「這不是針對台灣人民而來的，而是針對目前執政的民進黨種種挑釁言行而來的。民進黨持續否定過去兩岸可以和平、可以談判的共識，不斷破壞兩岸可以友善互動的管道，不斷偏離「一中各表」的「九二共識」，造成了今天的危機。」 「九二共識」包括「一中」和「各表」，兩部分同等重要。「一中」指的是中華民國憲法的「一中」，也是中華人民共和國憲法的「一中」，也是國際各種公報上所確認的「一中」，甚至也是美國「台灣關係法」都必須承認的「一中」。那麼多文件上都規範「一中」，而大家對「一中」會有不同說法，這就是「一中各表」，這就是「共識」，不只是兩岸間的共識，也是歷史所塑造出來，到現在沒有改變的國際共識。 在兩岸間， 「九二共識」具備有高度的未來性，表示雙方同意對於「一中」的定義與長遠中國前途有所分歧；在這個前提下而展開具體的現實做法，那就是雙方互相同意：「只進行事務性商談，在事務性協商中可以不涉及一個中國的政治意涵。」 這很清楚，我們已經有了第一步的談判基礎，可以持續談判，實際上從1992年以來，也維持談判了二十幾年。但是為什麼不談了？反而要倒退到兵戎相見？ 很遺憾的，那就是因為民進黨執政當局的「一中各表」進行了偷樑換柱，故意代換成「兩個中國」、「一中一台」、 「一邊一國」等說法，並在創造流傳這些說法過程中，進行仇恨動員，製造族群對立，撕裂台灣。 這是內外兩面的政治操弄，逐步將共識改為分歧，再將分歧催化為對立。今天民進黨感受到台灣人民對戰爭的高度焦慮，為了拉攏中間選民選票而改口說「和平保台」、說「抗共產黨不抗中國人」，但實質上持續操弄議題挑釁中國，徹底阻斷台灣人民和中國大陸人民的互動交流，請問要如何讓中國大陸人民，甚至國際社會相信，這只是要對抗共產黨，沒有要仇視、敵對中國呢？ 我主張要在 「一中各表」的原則基礎上，站穩中華民國的立場和大陸重新展開談判。我選的是中華民國總統，我代表的是中華民國，這裡就沒有台灣獨立的問題。沒有了台獨因素，共機就不該再擾台；共機不再擾台，兩岸就可以坐下來談，對於「各表」部分要談多久都可以。 雙方原本就同意進行最廣泛的事務性協商，如果我當選總統，就會根據「憲法一中」，開啟大談判，而且什麼別的地方都不去，我會極力主張就以金門為兩岸新的常設談判地點，以金門為新起點。 我會組成跨黨派、 跨族群、跨世代的談判團隊，重新開啟兩岸和平前景的談判大門。 談判以堅守台灣民主、自由、法治，尊重2,300萬人既有生活方式為前提，不拘任何形式，抱持最大耐心，可以從一點一滴開始談，認認真真地重新探索雙方認同的程序與原則。 我們要讓全世界看到：台灣有能力在科技和經濟上做到世界一流水準，在和平談判上，我們也一定能夠達到最高等級，有理有節，有為有守。在金門，中華民國與中華人民共和國誠意地直接談判，不需要任何其他外國勢力介入。需要談多久就談多久，在還沒談成之前，互相尊重，恢復雙方正常民間交流。 耐心、長期的談判中，當然還是要維護台灣國防安全，還是要有戰備完善護台的軍事部署，需要有尖端先進武器的研發、引進，但重點是加強國防絕不意味著戰爭。我們的子弟當兵是為了守衛和平與民主自由的崇高價值，不是充當政客錯誤政策的砲灰。 如果當選總統，我會立即在金門設立《八二三砲戰永久紀念歷史園區》警鐘長鳴，戒慎戰爭。然後積極設立兩岸談判的常設處所，邀請對岸代表前來見面討論。"". Instagram.
  38. ^ Lin, Adela; Ellis, Samson (16 May 2019). "Taiwan Lays Down Historic Marker for Same-Sex Marriage in Asia". Bloomberg. Retrieved 6 April 2023.
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