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Indian Multibillion-dollar Chip Venture with Foxconn, Vedanta Terminates Due to Internal Problems

  • Taiwanese electronics manufacturer Foxconn Technology’s chip venture with Vedanta terminated due to ‘internal issues’.
  • India’s technology minister expresses confidence in national plans for a role in the global semiconductor supply chain.
  • Despite the setback, Foxconn states its anticipation for growth alongside India’s budding semiconductor industry.
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