Foxconn, the assembler for Apple iPhones, has established India as its second home after China. Recently, the company purchased a 300-acre site in Bengaluru and plans to set up a plant in Telangana. However, one particularly significant development in the Indian context is its founder Terry Gou’s second attempt to become Taiwan’s president.
Speculations are that if he’s elected, Taiwan’s ties with China would be strong, considering his closeness to China. businessline spoke to Peter Bendor-Samuel, CEO of Everest Group, to find out whether Terry Gou’s running for Presidency could impact Taiwanese companies, including Foxconn, in India. Read on to hear what he had to say.