· Absolute Shockers · TECHNOLOGY
1 Million Robots: Foxconn's New Replacement Plan For 500,000 Workers
We spotted this today:
"Robot Report - Taiwan-based Hon Hai Precision Industry (Foxconn) plans to invest $223 million to build an R&D and manufacturing facility in Taiwan to develop and produce an empire of robots.
... The project is expected to generate an estimated $4 billion in production value in the next three to five years and create about 2,000 jobs while replacing 500,000 mainland Chinese workers with 1 million robots."
Statistics Source: NextBigFuture