Tuesday, June 04, 2013

Foxconn's robots are late

Interesting update on the situation around Foxconn’s plans to deploy massive numbers of robots in their immense factories in China – the ones that, among other, produce phones and computers for Apple.

Several details I wasn’t aware of:

- Foxconn is losing money, $US 316 mio. last year

- Foxcon build their own robots – they call them Foxbots. They started constructing the robots with the help of MIT back in 2009. So far they have only made 20.000, but the plans are to build a million.

- Unusually, there is currently a freeze in hiring at Foxconn, or at least thay was the situation back in february, after the new year holiday.

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