Vedanta-Foxconn JV Now Resubmitted Applications For a 40 NM Node Fabrication Plant
Vedanta-Foxconn JV Now Resubmitted Applications For a 40 NM Node Fabrication Plant
Staff
Tue, 06/27/2023 - 16:01
As of now, Vedanta is leading the JV with 67 percent share. Although previous reports suggested that MeitY wanted Foxconn to lead.
After the Government of India reopened semiconductor and display fabs applications for the second time from Jun 1, 2023, sources at the Ministry of Electronics and Information Technology (MeitY) told Business Today exclusively that the Vedanta-Foxconn JV has again resubmitted their applications to MeitY for a 40-nanometer (nm) node semiconductor fabrication plant.
[original story: Circuit Digest]