Foxconn Robot Production Behind Schedule
Sohu IT, 9/27/12
According to a knowledgeable source, Taiwanese electronics manufacturer Foxconn (2038.HK; 2354.TW) has run into production problems in its plan to manufacture 1 mln robots to complete basic manufacturing tasks for the company.
Foxconn has currently manufactured around 5% of the 300,000 robots Foxconn originally planned to have completed by the end of 2012. The company will use the robots to replace high-risk, high-turnover employees on its assembly lines.
Editor's Note: For more background on this topic, please see "Foxconn to Manufacture 1 Mln Robots" MD 1/13/12 issue.
Keywords: hardware Foxconn 2038.HK 2354.TW contract manufacturer consumer elctronics
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