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Electronics Production | November 21, 2011

No job cuts as Foxconn adds 300,000 robots

Foxconn will add 300,000 robots to the assembly line in 2011 but will not lay-off any workers according to comments made by founder and chairman Terry Guo.

State run Xinhua News Agency has reported that Foxconn will produce roughly 1000 robots a day to perform routine and riskier jobs in an effort to raise productivity. In a meeting Chairman Terry Guo reportly pledged that the company would not make any job cuts next year because of the robots. ----- Source: Bloomberg
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November 21 2019 10:53 am V14.7.14-2