Foxconn Pulls Out Of India Chip Joint Venture With Vedanta, Actively Seeking New Partnership

A day after pulling out of a $19.5 billion joint venture in the semiconductor industry with mining magnate Anil Agarwal's Vedanta Ltd., Foxconn said that it will be submitting an application for incentives offered by India under its semiconductor manufacturing strategy.

Jul 11, 2023, 20:25 PM IST