Foxconn founder Terry Gou announces run for Taiwan presidency, pledging to fix China ties

The billionaire has touted his business experience, saying it was the era of entrepreneurs' rule'

The billionaire founder of tech giant Foxconn, Terry Gou, has announced he will run for president of Taiwan as an independent candidate, pledging to fix cross-strait relations and boost Taiwan's economy.

At a press conference on Monday, Gou - a well-known and outspoken businessman - announced what he called the era of entrepreneurs' rule".