Foxconn Is In Discussions To Build 4-5 Semiconductor Manufacturing Facilities In India: Report

Foxconn Is In Discussions To Build 4-5 Semiconductor Manufacturing Facilities In India: Report.

The action follows the company’s announcement that it will leave a $19.5 billion semiconductor joint venture with Indian behemoth Vedanta.

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The person went on to say that it’s probable that the IT partner will have shares in the new venture.

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Foxconn said that it will submit an application for incentives under India’s chip development plan.

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