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Machine automation Foxconn will cut more than 10 thousand workers this year

via:cnBeta.COM     time:2018/2/13 14:04:40     readed:218

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But a few days ago, Foxconn chairman Terry Gou said the company plans to invest 342 million dollars to the technology and equipment in order to make better use of AI in the manufacturing process.

Although Innolux layoffs will not affect the supply of Apple's LCD display, but will spread to other clients, including Samsung, DELL, HP, LG, Hitachi, SHARP and other companies.

Although the cost of manufacturing in China has become more and more high in recent years, it is still one of the cheapest markets in manufacturing and assembling compared to many other parts of the world. The average salary of a Foxconn worker is about $400 a month and often takes shifts for 12 hours. But next, the company will allow robots to help them achieve more productive production goals.

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