BBCNEWS World Business Report June 4, 2024 13:35:00
To india now, where the asian tech giant foxconn has pulled out of a £19.5 billionjoint venture to build a factory for semiconductors, the increasingly valued microchips that drive modern technology. the taiwanese company had signed a pact with the indian company vedanta to set up semiconductor and display production plants in gujarat, the home state of indian primeminister narendra modi. it's a huge setback for modi's plans, as our asia business reporter monica miller explains. prime minister narendra modi has made chip—making a top priority for india's economic strategy, in pursuit of wha...