Setback to India's chipmaking plans: Foxconn withdraws from $19.5 billion joint venture

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Published Jul 12, 2023

Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on
Monday, in a setback to Prime Minister Narendra Modi's
chipmaking plans for India.

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#Foxconn #microchips #India

Category: Europe
Tags: DW News, foxconn, foxconn india

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Setback to India's chipmaking plans: Foxconn withdraws from $19.5 billion joint venture | DW News

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