Page 70 - Tower Semiconductor News Today

Foxconn is in talks with several local and international partners to make semiconductors in India using mature chip manufacturing technology.

Tower Semiconductor (TSEM) rose 3% amid a report that Intel (INTC) CEO Patrick Gelsinger is in China this week as the company waits for the antitrust regulator to decide on its...

TAIPEI/MUMBAI : Foxconn said it intends to apply for incentives under India's semiconductor production plan, a day after the Taiwanese firm split with Vedanta on a $19.5 billion chipmaking joint venture.Foxconn withdrew from the JV with the Indian metals-to-oil conglomerate on Monday, in a setback to Prim

Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday in a setback to Prime Minister Narendra Modi's chipmaking plans for India. Foxconn, the world's largest contract electronics maker, and Vedanta signed a pact last year to set up semiconductor and display production plants in Modi's home state of Gujarat. "Foxconn has determined it will not move forward on the joint venture wi...

MIGDAL HAEMEK, Israel – July 10, 2023 – Tower Semiconductor , the leading foundry of high value analog semiconductor solutions, will issue its second quarter 2023 earnings on Wednesday,...

Taiwan's Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta.

"Foxconn has determined it will not move forward on the joint venture with Vedanta," a Foxconn statement said without elaborating on the reasons.

"Foxconn has determined it will not move forward on the joint venture with Vedanta," the electronics maker said in a statement, without elaborating on the reasons.

Vedanta-Foxconn had got STMicro on board for licensing technology, but India's government had made clear it wanted the European company to have more "skin in the game".

Foxconn is best known for assembling iPhones and other Apple products but in recent years it has been expanding into chips to diversify its business.