Foxconn founder Terry Gou makes first high profile appearance in months
Reuters
Published Feb 20, 2024 08:11PM ET
Updated Feb 20, 2024 08:21PM ET
TAIPEI (Reuters) - Terry Gou, the billionaire founder of major Apple (NASDAQ:AAPL) supplier Foxconn, made his first high profile appearance in months on Tuesday at the firm's 50th birthday, following the ending of his bid for Taiwan's presidency late last year.
Gou, who stepped down as Foxconn chief in 2019 and resigned as a board member last September, remains the company's largest shareholder and is still reverentially referred to by company executives as "the Founder".
In late November he abandoned his latest attempt to become Taiwan's president after failing to broker a deal to unite the island's fractious opposition ahead of January elections, and largely vanished from view, though he did visit a temple last month.
Foxconn, in a statement on Wednesday, said Gou had attended a gala in Taipei to mark the company's 50th anniversary, an event also attended in person by Apple's Chief Operating Officer Jeff Williams, SoftBank (TYO:9984) Founder and CEO Masayoshi Son and ARM CEO Rene Haas.
"In the past 50 years, Foxconn has succeeded in changing the lives of millions of workers, thus their families and also their communities. As the Founder, I am most proud of it," the company quoted Gou as saying.
Foxconn, the world's largest contract electronics maker and Apple's biggest iPhone assembler, said that Apple CEO Tim Cook, Nvidia (NASDAQ:NVDA) CEO Jensen Huang and Intel (NASDAQ:INTC) CEO Pat Gelsinger all sent pre-recorded tributes to the closed-door event.
Foxconn Chairman Liu Young-way said the celebration was for Gou.
"Tonight we are among friends, who are long-time customers and suppliers," the statement cited Liu as saying. "This evening is for you. It is Terry's evening."
Foxconn, formally called Hon Hai Precision Industry Co Ltd, is seeking to expand beyond assembling smartphones and other electronics to making electric vehicles.
Foxconn said some of the guests were taken to the event in the Foxconn-developed Model C car, which is now in mass production.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.