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…
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…
India’s Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a joint-venture plan with India’s Vedanta. “We are in touch with multiple prospective investors, including Foxconn … Gujarat is uniquely positioned to attract top chipmakers,”…
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….
Taiwan’s Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal’s Vedanta as the venture struggled to get a technology partner to make chips that are used in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…
The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in…
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