Foxconn seeks India incentive despite withdrawing from Vedanta venture

Foxconn said on Tuesday it plans to submit an application to access incentives under India’s semiconductor manufacturing policy even as the Taiwanese giant has pulled out of the nation’s flagship $19.5 billion joint venture with local conglomerate Vedanta.
“Foxconn is working toward submitting an application related to the ‘Modified Programme for Semiconductors and Display Fab Ecosystem.’ We have been actively reviewing the landscape for optimal partners,” the company said Tuesday in a statement.
“Building fabs from scratch in a new geography is a chal

リンク元