Foxconn aims to capture 10% of global EV market share between 2025-2027

On Friday, Foxconn’s Chairman Liu Young stated, the company aims to capture 10% of the global market share for electric vehicles between 2025-2027; to this end it has entered into talks with multiple carmakers for future cooperation. “We want to push Taiwan’s EV industry to the world,” said Liu Young. Foxconn, a major supplier to…

SoftBank’s introduces food service robot to mitigate labor shortages

On Monday, the robotics arm of Japanese conglomerate SoftBank stated, it will start using its food service robot developed by California-based Bear Robotics in Japanese restaurants as a means to tackle growing labor shortages faced by the country. Servi, the robot, comes with features which includes layers of trays and is equipped with Lidar sensors…

Robots can now assemble IKEA’s furniture

Researchers at Singapire’s Nanyang Technological University (NTU) have programmed two robotic arms that can automatically assemble an IKEA chair. This opens up a new possibilities as well as improved cost savings for the Swedish company. In a significant milestone IKEA disclosed, it has installed robots in its Singapore plant which can assemble flat-packed furniture. As…

Self-driving vehicles are finally going to hit U.S. roads thanks to this bill

In a historic development, a U.S. senate panel has overwhelmingly approved a bill aimed at reducing the time gap before robotic self-driving cars are deployed on U.S. roads. In a development that will lend further momentum to automakers, a U.S. Senate panel has unanimously approved a bill aimed at speeding the deployment of self-driving vehicles…

Amazon delivers its first package delivery through a drone

Intensively tested in its secret labs in Cambridge, UK, Amazon drone delivery service will further push the retailers and shippers in streamlining their operations. Having waited patiently for three long years for Amazon to reveal its bold plan of delivering packages through drones, the world’s largest online retailer has done what many had thought is…

Panasonic’s Regirobo can automatically bag the items that you’ve purchased

Advances in self-service checkout system could soon bring about increased efficiency in the retail sector. While self-service checkouts are hardly new, the rush to automate jobs which entail manual labour have reached new heights thanks to the efforts made by Lawson and Panasonic. They’ve developed a new basket system which can bag the items once you have…