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

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