1 Million Robots: Foxconn’s New Replacement Plan For 500,000 Workers

November 5, 2011 3:22 am

We spotted this today:

“Robot Report – Taiwan-based Hon Hai Precision Industry (Foxconn) plans to invest $223 million to build an R&D and manufacturing facility in Taiwan to develop and produce an empire of robots.

… The project is expected to generate an estimated $4 billion in production value in the next three to five years and create about 2,000 jobs while replacing 500,000 mainland Chinese workers with 1 million robots.”

Statistics Source: NextBigFuture

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