Get the most out of Ro­bot­ics Business Review!



This is an article excerpt. Please register to view the entire article.
Learn more about membership benefits and start your membership today!

Apple Dominates With Billion-Dollar Robot Workforce
The Goliath of consumer electronics could block their competitors with major robot purchases
By Casey Nobile


Apple is about to single-handedly make robots a fixture in consumer electronics while potentially delaying deliveries for its competitors. Robots are a natural fit for electronics as the miniaturization of consumer products calls for greater precision and speed in production, and this investment marks a revolutionary push towards the inevitable.

Foxconn’s purchase of 1 million robots rocked the boat in the consumer electronics market last year, but now it appears the majority of those robots will be owned by Apple and utilized exclusively for that company’s products. Apple has made $7.1 billion available for non-retail expenditure this year, which is a 78% increase overall.

Seeking Alpha reports that analysts in…

To continue reading, join today.

Get started
Create your membership.
Already a member?






About the author

Casey Nobile is the lead editor for Robotics Business Review’s RBR50 news, editorial and business segment. She is also contributing writer and editor for the publication’s News & Technology columns with special emphasis on breaking news coverage for science, technology and financial transactions. Casey is also editor and contributor for other in-house publications: Robotics Trends; RoboBusiness and RoboBusiness exhibit services.

Comments
No comments yet. Be the first to post a comment.

Name:

Email:


View comment guidelines

Remember me

Notify me of follow-up comments?




Special Focus: Robots and the Law

Special Focus: 3D Printing
3D Printing

The new reality of customizable, one-off production:
Additive Manufacturing (AM). Where it’s going, why and what’s
driving its emergence.


HP Wades into 3D Printing: Is It Now Suddenly Harder for the Little Guy?

3D Bioprinting Human Tissue the Organovo Way

UPS, Stratasys Expand 3D Printers to 100 Stores Nationwide
More in 3D Printing



Federal Robotics Commission: Ryan Calo Calls for Regulation

Robo-Stox Launches in Europe on London Stock Exchange

Seegrid Files for Chapter 11 Bankruptcy Protection

nLink Mobile Drilling Robot Wins RoboBusiness Pitchfire Startup Contest

10 Most Common Legal Issues for Robotics Startups