Foxconn’s Foxbot army close to hitting the Chinese market, on track to meet 30 per cent automation target

Foxconn, the world’s biggest contract electronics maker, has been developing industrial robots as it targets 30 per cent automation at its Chinese factories by 2020, it said this week.
The Taiwanese company, which lists Apple among its clients, is also now on the verge of marketing its Foxbots to other manufacturers on the Chinese mainland, it told the South China Morning Post.
According to senior management, re-purposed robotic solutions and automated assembly will be Foxconn’s next focus as it bids to slim its massive workforce and build new sales channels.
Previous media reports that claimed it was eyeing 70 per cent automation within three years are erroneous, the company said, pointing to comments issued by Foxconn CEO Terry Gou at last week’s annual general meeting.
The company, which has been keeping quiet about its robotics projects, opened its robot testing lab in Shenzhen, Guangdong province, to reporters from the Post last weekend.