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NEW DELHI (AP) - Electronics giant Foxconn backed out of a $19.5 billion semiconductor joint venture with Indian mining conglomerate Vedanta Ltd. due to
The $19.5 billion semiconductor JV was called off due to “external issues unrelated to the project,” Foxconn said.
The electronics giant backed out of the $19.5 billion partnership.
The electronics giant backed out of the $19.5 billion partnership.
After several initial deals stalled, the Indian government is re-inviting applications for building semiconductor facilities in the country as the US-China chip trade war transforms the sector.