
Foxconn Breaks Ground on Project to Build 1 Million Robots
Posted October 31, 2011 at 2:03pm by
Shalom Levytam
Foxconn has broken ground on the construction of a research and development unit that is tasked with building the company an empire of robots, reports AFP.
The project, which is initially forecast to cost the Taiwan-based Hon Hai Precision Industry Tw$6.7 billion ($223 million), was unveiled Saturday when Terry Gou, chairman of the conglomerate, broke ground for the construction of a research and development unit in Taichung, central Taiwan.
"The investment marks the beginning of Hon Hai's bid to build an empire of robots," the Central Taiwan Science Park authorities said in a statement.
Foxconn plans to replace 500,000 workers with robots, in part because of a rash of suicides that have plagued the company recently.
Read More
The project, which is initially forecast to cost the Taiwan-based Hon Hai Precision Industry Tw$6.7 billion ($223 million), was unveiled Saturday when Terry Gou, chairman of the conglomerate, broke ground for the construction of a research and development unit in Taichung, central Taiwan.
"The investment marks the beginning of Hon Hai's bid to build an empire of robots," the Central Taiwan Science Park authorities said in a statement.
Foxconn plans to replace 500,000 workers with robots, in part because of a rash of suicides that have plagued the company recently.
Read More


![TSMC Enters 'Combat Readiness Mode' as 2nm Capacity Fills Up, Apple Secures Early Access [Report] TSMC Enters 'Combat Readiness Mode' as 2nm Capacity Fills Up, Apple Secures Early Access [Report]](/images/news/99826/99826/99826-160.jpg)
![Samsung to Begin Mass Production of Display Panels for First OLED MacBook Pro in May [Report] Samsung to Begin Mass Production of Display Panels for First OLED MacBook Pro in May [Report]](/images/news/99825/99825/99825-160.jpg)






![Beats Powerbeats Pro 2 Drop to $199.95 [Deal] Beats Powerbeats Pro 2 Drop to $199.95 [Deal]](/images/news/99815/99815/99815-160.jpg)
![Apple Watch Series 11 Drops Back to All-Time Low of $299 [Deal] Apple Watch Series 11 Drops Back to All-Time Low of $299 [Deal]](/images/news/99283/99283/99283-160.jpg)
![Apple AirPods 4 With Active Noise Cancellation Drop to $119 [Deal] Apple AirPods 4 With Active Noise Cancellation Drop to $119 [Deal]](/images/news/99794/99794/99794-160.jpg)
![AirPods Pro 3 Return to All-Time Low Price of $199 [Deal] AirPods Pro 3 Return to All-Time Low Price of $199 [Deal]](/images/news/99752/99752/99752-160.jpg)
![Apple's 13-Inch M5 iPad Pro (Silver) Hits New All-Time Low at $1,149.99 [Deal] Apple's 13-Inch M5 iPad Pro (Silver) Hits New All-Time Low at $1,149.99 [Deal]](/images/news/99729/99729/99729-160.jpg)