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  1. No More Humans: Foxconn Deploys 40,000 Robots In China

    by , 10-23-2016 at 01:12 AM


    Foxconn has deployed 40,000 robots in its factories in mainland China as it aims to reduce the number of workers …

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  2. Foxconn To Cut 7,000 Employees After Sharp Acquisition

    by , 07-08-2016 at 08:18 AM
    Following Foxconn's USD3.5 billion acquisition of Sharp, the Taiwanese company will position the new executive team in July to accelerate commercial application of Sharp patents, but it will also reportedly close Sharp's redundant and inefficient overseas businesses and cut 7,000 employees.

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    Terry Gou, founder and chairman of Foxconn, said at the company's annual general meeting that he plans to promote the commercial application of Sharp's ...
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  3. Dancing With the Stars - Hon Hai Eyes CNY5 Billion Investment Plan In Shanxi For Electric Cars

    by , 09-16-2014 at 08:32 AM


    Terry Gou, chairman of Hon Hai Group, announced that the company will invest over CNY5 billion in Shanxi to develop the electric car industry.

    Gou revealed that in 2014, Foxconn's output in Shanxi will surpass CNY60 billion and the company already has 100,000 employees in this province. The company is expected to invest over CNY5 billion in Shanxi to develop the electric car industry by using ...