Breaking Information EmailsGet breaking information indicators and particular stories. The inside track and tales that subject, delivered weekday mornings.SUBSCRIBEApril 17, 2019, nine:23 AM GMT\u00a0\/ Up to date\u00a0April 17, 2019, 10:25 AM GMTVia Related PressTAIPEI, Taiwan \u2014 Terry Gou, the pinnacle of the sector's biggest electronics provider, Foxconn, mentioned Wednesday he plans to run for president of Taiwan, bringing his pro-business and pro-China insurance policies to what's anticipated to be a crowded box for subsequent 12 months's election.Gou introduced that he can be striking himself up as a hopeful within the opposition Nationalist Celebration number one forward of subsequent 12 months's election, shaking up the political panorama at a time of heightened pressure between the self-ruled island and Beijing.Gou is Taiwan's richest individual, with a internet value of $7.6 billion in step with Forbes."I'm keen to take part in the main election," Gou mentioned on the celebration headquarters in Taipei."If I'm really not selected, it way I did not paintings onerous sufficient."He instructed newshounds previous within the day he was once impressed by way of the Chinese language sea goddess Matsu to hunt place of work. "3 days in the past Matsu got here to me in a dream. She instructed me she was hoping the folks can have a greater existence.""Peace, balance, financial system and long term \u2014 those phrases are the script of my faith," Gou mentioned.The Nationalists prefer nearer ties with Beijing, a coverage that accords with Gou's huge enterprise pursuits in China, the place Foxconn produces merchandise for Apple, Google and Amazon.Foxconn has additionally mentioned it'll construct a big production facility within the U.S. state of Wisconsin.His 2020 bid comes at a mild time for cross-strait family members and delivers a blow to the ruling pro-independence Democratic Modern Celebration, which is suffering in opinion polls.China-Taiwan family members have deteriorated because the island's president, Tsai Ing-wen, swept to energy in 2016.China despises Tsai for refusing to endorse its declare to Taiwan as part of Chinese language territory, to be annexed by way of pressure if deemed vital, and has minimize all ties together with her govt whilst looking for to isolate it diplomatically.Fresh months have observed China step up army drills round Taiwan in what's observed as an effort to intimidate the island's 23 million other people into backing pro-China events.Gou, the 68-year-old son of a police officer who moved to Taiwan after the Communist takeover of the mainland in 1949, started his profession in plastics earlier than branching out into electronics and later cell phones.Gou this week mentioned he was once making plans to step clear of daily operations at Foxconn, however would proceed to lead the corporate's "main route" whilst running on a ebook about his control philosophy and bringing alongside a brand new technology of leaders.Gou is more likely to face complaint from China skeptics in Taiwan, mentioned Huang Kwei-bo, vice dean of the global affairs school at Nationwide Chengchi College in Taipei.Foxconn factories make use of masses of hundreds of other people in China and feature a name for on occasion harsh paintings stipulations.Gou additionally has a name for being strict with workers, Huang mentioned. "His persona is form of the similar as Trump: 'What I say, is what is going,'" Huang mentioned.