Greg’s Bite:Robots, Browsers and Demand for Apple Products
Posted by Greg Mills
Robots to replace Chinese workers?
The assembly line in China got a rude wake-up call from Foxconn’s founder recently. Terry Gou has announced that he intends to replace up to 1 Million hard working assembly line workers with robots, within three years. The economics of robots can be pretty compelling. The cost, maintenance and installation of robotic assembly line automation can be very competitive with human workers. See: http://news.xinhuanet.com/english2010/china/2011-07/30/c_131018764.htm
