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Foxconn to mass produce their own robots

November 19, 2011

Taiwan-based Hon Hai Precision Industry (Foxconn) breaks ground for $223 million R&D and manufacturing facilities in Taiwan to develop and produce robots.
The project is expected to generate an estimated $4 billion in production value in the next three to five years, create about 2,000 jobs, replace 500,000 mainland Chinese workers with 1 million robots and double the world’s industrial robot population.
Details in Christian Science Monitor article.

Frank Tobe is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series... read more


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