Minasuk/ May 27, 2016/ Uncategorized

iPhone manufacturer Foxconn is replacing 60,000 workers with robots | South China Morning Post | May 2016

“The Foxconn factory has reduced its employee strength from 110,000 to
50,000, thanks to the introduction of robots. It has tasted success in
reduction of labour costs,” said the department’s head Xu Yulian.

References:

Julia Limitone, “Fmr. McDonald’s USA CEO: $35K Robots Cheaper Than Hiring at $15 Per Hour,” FOX Business, 24 May 2016