Tech Tycoon Terry Gou Loses KMT Nomination to Popular New Taipei City Mayor
- The Kuomintang party selected the mayor of New Taipei City, Hou Yu-ih, as their presidential candidate over Foxconn founder Terry Gou.
- The KMT favors closer ties with China while Taiwan's ruling party supports the island's independent identity.
- Tensions between Taiwan and China have increased ahead of next year's presidential election.
- Hou won re-election as mayor last year in a landslide victory for the KMT.
- Gou was considered the frontrunner for the KMT nomination before losing to the popular Hou.