Taiwan mogul quits KMT, may seek independent bid

Terry Gou, founder of Apple supplier Foxconn, quit the Chinese Kuomintang (KMT) party as Taiwan's richest person on Thursday, paying the way for a run for leader of the island during the upcoming election as an independent candidate.

Gou's aide Tsai Chin-yu said on Thursday that the tech tycoon has decided to quit the KMT with immediate effect.

"The KMT puts party interests ahead of the island's interests, which goes completely against his original intention to join the party," Tsai quoted Gou as saying when talking to reporters in Taipei.