[ad_1] The ecosystem for semiconductor chips in India is for the “very brave”, Foxconn Chairman Young Liu said on Friday as he expressed optimism about the country’s semiconductor roadmap during the second edition of SemiconIndia in Gandhinagar. Earlier this month, Taiwan-based Foxconn, which also supplies for smartphone giant Apple, withdrew from a $19.5 billion (nearly … Read more
[ad_1] Foxconn is in talks with Taiwan Semiconductor Manufacturing Company (TSMC) and Japan’s TMH Group for technology and joint venture partnerships to start semiconductor fabrication units in India, the Economic Times reported on Friday. Meanwhile, the Gujarat government is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after … Read more
[ad_1] The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters. Indian conglomerate Vedanta’s London-based parent, Vedanta Resources, has been plagued by a rising debt pile. In a statement to … Read more
[ad_1] Taiwan’s Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal’s Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world’s largest contract electronics maker, said it “has determined it will not move … Read more
