Terry Gou, the billionaire founder of major Apple supplier Foxconn, announced on Monday a bid to be Taiwan’s president in January elections, saying he wanted to unite the opposition and ensure the island did not become “the next Ukraine”.

Gou is the fourth person to throw his hat in the ring, but his poll numbers before his announcement put him well behind the front-runner, the ruling Democratic Progressive Party’s (DPP) William Lai, who is currently vice president.