Foxconn Pursues Standalone Indian Semiconductor Project, Seeks Diverse Global Stakeholders

  • Foxconn is preparing to submit an application for a semiconductor and display manufacturing project in India, seeking diverse stakeholders from within India and abroad.
  • Following the mutual withdrawal from a joint venture with Vedanta, Foxconn reinforced its commitment to establishing a robust semiconductor ecosystem in India.
  • Despite the end of the Foxconn-Vedanta joint venture, both companies and the Indian government remain committed to semiconductor manufacturing in India.
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