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Terry Gou Drops Taiwan Presidential Bid After Unity Talks Collapse

Terry Gou, the Taiwanese billionaire and former chairman of Foxconn, has dropped his bid for the presidency of Taiwan after unity talks with the Kuomintang (KMT) and the People’s Party (TPP) collapsed. Gou, who is estimated to have a net worth of $7 billion, made the announcement in a press conference on Friday. He said that he was withdrawing from…