Foxconn chief confirms participation in presidential race

The boss of tech giant Foxconn Wednesday announced his intention to run for the presidency of Taiwan on a ticket from the Beijing-friendly opposition Kuomintang (KMT) party. "I am willing to join the party's primary. If I win I will represent the KMT in the 2020 elections," Terry Gou said at a KMT meeting in Taipei in comments broadcast live on local TV.