Why China is spending billions to develop an army of robots to turbocharge its economy

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Chinese President Xi Jinping has called for a robot revolution in manufacturing to boost productivity.

Wages in China are rising, and it’s becoming harder to compete with cheap labor.

An aging population in China also necessitates automation. The working-age population, people age 15 to 64, could drop to 800 million by 2050 from 998 million today.

Chinese robotic growth is forecast to exceed 20 percent annually through 2020.

Continue reading… “Why China is spending billions to develop an army of robots to turbocharge its economy”

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Here’s how the plan to replace the humans who make iPhones with bots is going

 

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Foxconn Technology chairman Terry Gou on Friday reiterated a pledge that the world’s biggest assembler of iPhones has made many times: that in a matter of years, human workers will be in a minority at the company.

Continue reading… “Here’s how the plan to replace the humans who make iPhones with bots is going”

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Foxconn wants to use robots to lower cost of smartphones

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Foxconn, one of the largest private employers in the world with 1.3 million workers, makes many of the smartphones and tablets used today, including Apple iPhones and iPads, and some android smartphones.  The CEO of Foxconn has indicated that he wants to reduce the workforce by using robots.  Continue reading… “Foxconn wants to use robots to lower cost of smartphones”

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iPhone manufacturer Foxconn invests $811M in building electric cars in China

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Foxconn wants to make an electric car priced less than $15,000.

Foxconn, Apple’s manufacturing partner, is notorious for its empire of iPhone-assembling employees and robots, but the electronics manufacturer is looking to shift gears, by building a dirt cheap electric car and it’s already investing $811 million to speed up the process.

 

 

Continue reading… “iPhone manufacturer Foxconn invests $811M in building electric cars in China”

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Foxconn to replace hard-working people with 1 million robots

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There are 10,000 robots at the factory now and that number will increase by 300,000 next year.

Hard-working human maufacturers are about to be replaced by about 1 million robots at Foxconn. If you think about it that is a number that is a very telling comment on the current state of electronics manufacturing.

 

Continue reading… “Foxconn to replace hard-working people with 1 million robots”

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100,000 Chinese Students Ordered to Work for Foxconn

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Students at a vocational school in the central Chinese province of Henan have been ‘ordered’ to work for Foxconn.

As many as 100,000 students at a vocational school in the central Chinese province of Henan have been ‘ordered’ to work for Foxconn, the giant electronics manufacturer that has been plagued by a wave of suicides.  Foxconn, which had revenues of $62bn (£41bn), more than Apple, Dell or HP, manufactures a range of products for the world’s leading electronics brands, including Apple’s iPad and Sony’s Playstation 3.

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