Hon Hai Group (鴻海集團) has installed about 60,000 robots on its global production lines as part of its efforts to use automation to improve efficiency.
Hon Hai executive vice president Lu Fang-ming (呂芳銘) on Tuesday said that the 60,000 robots have helped speed up the establishment of “smart” factories at a time when the global industry is moving toward “industry 4.0,” which aims to incorporate the Internet of Things (IoT) and expand automation.
The world’s largest contract electronics maker has a broad production base in China, employing about 1 million workers. It plans to set up 10 to 12 plants in India by 2020 and is also planning to invest in the US.
Speaking at Computex Taipei, Lu said that the robots have allowed Hon Hai to utilize five “lights-out” factories that are fully automated and require no onsite human presence.
Hon Hai, one of the Taiwanese companies that have been prioritizing automation, has been moving aggressively to lower its operating costs at its Chinese factories as wages in China continue to rise.
With the development of “smart” factories, manufacturers would be able to upgrade their core technology and global competitiveness, which in turn would help boost production output, Lu said.
Hon Hai is also focused on cloud-based networks, big-data processing, the 5G network, 8K high-definition images, huge data storage capacity and high power computing systems, he said.
When 5G technology is commercialized globally by 2020, the Internet will connect about 7 billion people worldwide, with 70 percent of the population using smartphones and 46 percent of devices connected through machine-to-machine functions, he said.
By 2025, the global economic value resulting from such developments will be US$11 trillion higher, of which US$3.7 trillion will be contributed by IoT-related industries, Ku said.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) share of the global foundry market rose to almost 70 percent last year amid booming demand for artificial intelligence (AI), market information advisory firm TrendForce Corp (集邦科技) said on Thursday. The contract chipmaker posted US$122.54 billion in revenue, up 36.1 percent from a year earlier, accounting for 69.9 percent of the global market, TrendForce said. Its share was up from 64.4 percent in 2024, it said. TSMC’s closest rival, Samsung Electronics, was a distant second, posting US$12.63 billion in sales, down 3.9 percent from a year earlier, for a 7.2 percent share of the global market. In the
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
At a massive shipyard in North Vancouver, Canadian workers grind metal beams for a powerful new icebreaker crucial to cementing the country’s presence in the increasingly contested arctic. Icebreakers are specialized, expensive vessels able to navigate in the frozen far north. And “this is the crown jewel,” said Eddie Schehr, vice president of production at the Seaspan shipyard. For Canadian Prime Minister Mark Carney, who heads to Norway next Friday to observe arctic defense drills involving troops from 14 NATO states, Canada’s extreme north has emerged as a strategic priority. “Canada is and forever will be an Arctic nation,” he said ahead of