- The county, one-seventh the size of neighboring Shanghai and the mainland’s first county to achieve US$4,000 per capita income, was adjudged the best county for its economic performance by Forbes for seven years in a row.
- Thirty-five Taiwanese companies, including Apple’s supplier Foxconn, spent a total of 4 billion yuan (HK$4.74 billion) on artificial intelligence last year, according to the Kunshan government’s publicity department.
- Kunshan is home to about 4,800 Taiwanese companies, which contribute over 60 per cent of its GDP, and the county is encouraging more people from across the strait to start businesses there to boost its economy.
- Smartphone manufacturing is trying to bridge the gap – about 20 million units were made last year.
- More than a year on, the county, which attracts much of its investment from Taiwan, is trying to reinvent its growth strategy.
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@vexmark: “Robots replaced 60,000 workers in a Foxconn factory in Kunshan, Jiangsu”
China’s electronics manufacturing hub is seeking a drastic cut in labor costs, and thinks robots are the answer, the SCMP reports.
Rise of the robots: 60,000 workers culled from just one factory as China’s struggling electronics hub turns to artificial intelligence