Foxconn cuts 60,000 jobs, replaces with robots

By | May 26, 2016

Apple supplier Foxconn cut 60,000 jobs at a single factory, work that is now being completed by robots. As many as 600 companies in Kunshan may follow suit.

Source: thestack.com

In order to change over from human workers to robots, Foxconn & others in Kunshan spent $610 million US on artificial intelligence in 2015.