
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
![MacBook Neo Mod Unlocks 1TB Storage Using iPhone 16 Pro Parts [Video] MacBook Neo Mod Unlocks 1TB Storage Using iPhone 16 Pro Parts [Video]](/images/news/100496/100496/100496-160.jpg)

![Apple Releases iOS 26.4.1 and iPadOS 26.4.1 With Bug Fixes [Download] Apple Releases iOS 26.4.1 and iPadOS 26.4.1 With Bug Fixes [Download]](/images/news/100492/100492/100492-160.jpg)

![Apple TV Debuts 'Criminal Record' Season 2 Trailer [Video] Apple TV Debuts 'Criminal Record' Season 2 Trailer [Video]](/images/news/100488/100488/100488-160.jpg)





![13-inch MacBook Air M5 Drops to $949 in New All-Time Low [Deal] 13-inch MacBook Air M5 Drops to $949 in New All-Time Low [Deal]](/images/news/100466/100466/100466-160.jpg)



