Foxconn To Build 1 Million Robots In 3 Years To Cut Labor Costs
In an effort to to increase production possibilities and reduce labor costs, Foxconn plans on replacing some of their workers with 1 million robots over the next three years. The announcement was made by Foxconn chairman and founder Terry Gou. Foxconn is best known for manufacturing the iPhone, iPad, and other consumer electronics in Shenzhen, China.
The robots will be used for doing simple routine work like spraying, welding, and assembling. These tasks are mostly done by workers as of right now. Gou made the announcement at a workers’ dance party this past Friday.
Foxconn currently has 10,000 robots and they plan to increase that number to 300,000 as early as next year. Foxconn has been in the midst of controversy because of several suicides that took place, which has been blamed on tough working conditions. Foxconn currently employs 1.2 million people.
[Xinhua]This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at +AmitChowdhry