Taipei — Foxconn’s chair Terry Gou said on Tuesday that he is considering whether to run for Taiwan’s 2020 presidential election, a day after Reuters reported the tycoon planned to step down from the world’s largest electronics contract manufacturer. Speaking on the sidelines of an event in Taipei, Gou declined to say which party he could represent, although any bid could shake up the political playing field at a time of heightened tensions between the self-ruled island and Beijing. If it was the opposition, China-friendly Kuomintang (KMT), he would “go” with the standard procedures of the party, Gou said, adding he would make that decision “as soon as possible”. “I didn’t sleep last night ... 2020 is key for Taiwan. The reason for the tense situation [with China] is because it’s a turning point for Taiwan’s direction for politics, economy, defence for the next 20 years,” Gou said. “So I asked myself the whole night ... I need to ask myself what I can do. What can I do for the youth...

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