India has made chipmaking top priority for its economic strategy and this pullout is a blow to efforts to get investors.
Vedanta: Foxconn said it would not move forward on the joint venture with Vedanta. Foxconn is working to remove the Foxconn name from what now is a ...
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Shares of Vedanta fell nearly 3 per cent after Foxconn pulled out of their $19.5 billion semiconductor joint venture. Vedanta says it has lined up other ...
Vedanta stock has traded flat in the last few months despite a positive sentiment in the domestic market. While the shares have risen over 21% in the last ...
Vedanta-Foxconn had got STMicro on board for licensing technology, but India's government had made clear it wanted the European company to have more "skin ...
Vedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse development opportunities ...
The companies partnered last year to set up a $19.5bn semiconductor joint venture.
Vedanta and Foxconn terminated their joint venture to make semiconductors in India by "mutual agreement" to "explore more diverse development opportunities ...
Foxconn is ending its joint venture with Vedanta Ltd to make semiconductors in India and will remove its name from the fully-owned entity.
Foxconn and Vedanta had previously entered into an agreement last year to establish semiconductor and display manufacturing facilities in Gujarat.