9 years ago

China Is Executing To Plan: Foxconn Replaces 60,000 Workers With Robots.

You can make the argument that robotic technology is the way to save manufacturing in China,” says Yasheng Huang, a professor at MIT’s Sloan School of Management. “But China also has a huge labor force. What are you going to do with them?”

Ryan General from NextShark and Tyler Durden from zerohedge.com both wrote an article on the fact that the new Five Year Plan for China’s economy, with ultimate goal is to plan to overtake Germany, Japan, and the United States in terms of manufacturing sophistication by 2049, the 100th anniversary of the founding of the People’s Republic of China is in place. How? An iPhone Factory (Foxconn)  in China by firing already 60,000 Employees and replacing them with robots.

China Is Building An Army Of Worker Robots

Reboot: Adidas to make shoes in Germany again – but using robots

Company unveils new factory in Germany that will use machines to make shoes instead of humans in Asia. Read more here. 

Photo credit: Nextshark