Foxconn’s Gou could be responsible for $366 million if his company violates deal with state

Foxconn Chairman and CEO Terry Gou could be on the hook for up to $366 million if the company’s deal with the state goes south.
That’s according to a limited guaranty agreement Gou signed last week that holds him personally responsible for 25 percent of any penalties. Meanwhile, Hon Hai — also known as Foxconn — would cover the remaining three-quarters of the maximum $1.465 billion if the company ...