Foxconn Dumps $19.5 Billion Chip Plan in Blow To India

Slashdot
By msmashJul 10, 2023, 10:03 am250 pts
Taiwan's Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, it said on Monday in a setback to Prime Minister Narendra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. From a report: Foxconn, the world's largest contract electronics maker, and Vedanta signed…

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