Foxconn, manufacturer of computer components and systems, is developing new-generation robots for the purpose of automation on its product lines. Foxconn breaks through the bottleneck in key technologies, its goal of building a million automation robots to be achieved shortly which is expected to be around October.
Foxconn will not exit the manufacturing industry in spite of knowing the fact that many IT players have started giving up their manufacturing businesses. Since manufacturing will eventually turn heavily dependent on automation and robots, Foxconn in the future, will place its focus on R&D and technologies as well as e-commerce.
Foxconn has also been investing in nanometer technologies and through long-term R&D and the acquisition of related patents, Foxconn to become the leader of the industry in 3-5 years.