Foxconn chief bullish on industrial internet sector

Intelligent manufacturing to transform industries, reduce development costs

Foxconn Technology Group is poised to ramp up its work in the burgeoning industrial internet, which will bring about huge development opportunities for the real economy, said the company's chairman Terry Gou at the ongoing Second World Intelligence Congress in Tianjin.

"We should take the lead in promoting intelligent manufacturing, as well as boosting the integration of the internet, big data and artificial intelligence with the real economy by virtue of our 30 years of experience in research and development, and sophisticated manufacturing," Gou said.