Foxconn CEO Backpedals On Planned Robot Takeover

itwbennett writes: For years now, Foxconn has been talking up plans to replace pesky humans with robot workers in its factories. Back in February, CEO Terry Gou said he expected the automation to account for 70 percent of his company's assembly line work in three years. But in the company's shareholder meeting Thursday, Gou said he had been misquoted and that "it should be that in five years, the robots will take over 30 percent of the manpower."