Hon Hai Precision Industry Co., Ltd., also known in the Western world as Foxconn, the world's largest contract manufacturer, will soon start deploying sophisticated robots to help assemble iPhones, CEO and Chairman Terry Gou announced during a shareholder meeting Monday.
Foxconn assembles a range of consumer electronics products for other companies, including iPhones and iPads. The plan to replace factory workers with robots was first announced two years ago, but hit roadblocks due to high cost of robot deployment...