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July 10, 2023
The Vedanta-Foxconn venture announced its chipmaking plans in Gujarat last September
July 10, 2023
Taiwan's Foxconn announced on Monday that it has decided to exit a $19.5 billion semiconductor partnership with Indian metals-to-oil conglomerate...
July 10, 2023
Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn has announced its withdrawal from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta, dealing a setback to chipmaking plans for India. The Apple Inc (NASDAQ: AAPL) supplier and Vedanta forged a deal in 2022 to establish semiconductor and display production plants in Prime Minister Modi's home state of Gujarat. Foxconn said it would not proceed with the joint venture with Vedanta, Reuters reports. Also Read: App...
July 10, 2023
Foxconn has announced its withdrawal from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta
July 10, 2023
Hon Hai Precision Industry Co Ltd (OTC: HNHPF) Foxconn has announced its withdrawal from a $19.5 billion semiconductor joint venture with Indian conglomerate Vedanta, dealing a setback to chipmaking 
July 10, 2023
India has made chipmaking top priority for its economic strategy and this pullout is a blow to efforts to get investors.
July 10, 2023
Taiwans Foxconn has pulled out of its joint venture with Vedanta in India, which had planned to invest $20bn in semiconductor manufacturing. The government downplayed the development, stating that it would not impact Indias plans to become a semiconductor manufacturing destination. | Latest News India
July 10, 2023
TAIPEI/BENGALURU :Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday, in a setback to Prime Minister Narendra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.The world's largest contract electronics maker signed a pact with Vedan
July 10, 2023
Foxconn and Vedanta signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in the western state of Gujarat, seeking to tap into the country's plans to become an electronics major.
July 7, 2023
An era has begun where a country that possesses advanced technologies such as big data, nano-scale processors, cloud computing and artificial intelligence...