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Foxconn Collaborates with STMicroelectronics to Establish Chip Plant in India

  • Foxconn and STMicroelectronics seek state backing for a 40-nanometer chip plant.
  • This comes following Foxconn’s withdrawal from the Vedanta joint venture.
  • Foxconn aims to leverage STMicorelectronics’ expertise to flourish in the complex yet profitable semiconductor industry.
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