Foxconn’s Chengdu Campus Recognized as Lighthouse Factory
Foxconn Technology Group announced that a second of the company’s factories, a factory based in Chengdu, China, has been recognised by the World Economic Forum (WEF)’s Global Lighthouse Network (GLN) as a Lighthouse factory. The accolade is awarded to manufacturing leaders who have been successful in applying Fourth Industrial Revolution technologies to achieve profitable growth without increasing their environmental footprint. Confronted with fast-growing demand and labour skill scarcity, Foxconn Chengdu adopted mixed reality, artificial intelligence (AI) and internet of things (IoT) technologies to increase labour efficiency by 200% and improve overall equipment effectiveness by 17%.
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