Why Foxconn Pulls Out $19.5 Bn JV Contract With Vedanta Group
Why Foxconn Pulls Out $19.5 Bn JV Contract With Vedanta Group
Staff
Mon, 07/17/2023 - 15:44
As soon as possible Foxconn is likely to sign the contract to manufacture both advanced and legacy node chips in India
After desisting the $19.5 billion JV contract with Vedanta Group, the Taiwan based electronics contract manufacturer Foxconn is now reported to have several rounds of discussions with TSMC and Japan’s TMH group for technology partnerships. As per the report of the Economic Times, the discussions are being carried out by Foxconn to set-up semiconductor fabrication units in India.
[original story: Circuit Digest]