Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Cabinet Clears HCL-Foxconn Semiconductor Unit in Jewar

Hindustan Times Navi Mumbai

|

May 15, 2025

The Union cabinet on Wednesday approved a new semiconductor manufacturing facility, a joint venture between India's HCL and Taiwan's Foxconn, which will come up in Jewar, Uttar Pradesh, Union Information Technology Minister Ashwini Vaishnaw said.

- Sejal Sharma

NEW DELHI:

Vaishnaw said the facility will be near Jewar airport, an "up and coming area" within the Yamuna Expressway Industrial Development Authority (YEIDA) region.

This is the sixth semiconductor unit being planned in the country under the India Semiconductor Mission (ISM) and is slated to begin commercial production in 2027. It will serve as an outsourced semiconductor assembly and test (OSAT) facility for display driver integrated circuits (ICs).

This is Foxconn's second attempt to set up a semiconductor unit under the ISM. In 2023, the Taiwan-based company had teamed up with Vedanta, but the partnership ultimately fell through.

MORE STORIES FROM Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

After a slow start, Mandhana has found her rhythm in World Cup

Left-hander struggled to begin with but come the business end, she is showing her true colours

time to read

4 mins

October 25, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

Manufacturing mission to get ₹10,000 crore reboot

Goal is to finance greenfield projects, scale high-value sectors in 7 regions

time to read

2 mins

October 25, 2025

Hindustan Times Navi Mumbai

Oz face Proteas in battle for top spot

Australia would be hoping their \"three-in-one\" skipper Alyssa Healy is fit and raring to go in the top-of-the-table Women's World Cup clash here on Saturday against South Africa, who have displayed remarkable resilience and fortitude to emerge as strong contenders for the prestigious trophy.

time to read

1 mins

October 25, 2025

Hindustan Times Navi Mumbai

How low can you go?

Stilettos are out. Shoe heels today are stylish but much less wobbly. We're finally in our comfort era

time to read

2 mins

October 25, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

Venue see it

DJs on local trains, gigs in elevators, concerts in churches, raves at cafés. Live events are going far

time to read

4 mins

October 25, 2025

Hindustan Times Navi Mumbai

Larissa D’Sa

Content creator and entrepreneur, @Larissa_WLC

time to read

1 mins

October 25, 2025

Hindustan Times Navi Mumbai

Hindustan Times Navi Mumbai

Blackstone to pick up 9.99% in Federal Bank for ₹6,197 cr

Global investor Blackstone is set to buy nearly 10% stake in Keralabased Federal Bank, becoming the latest foreign entity to covet a slice of a domestic bank.

time to read

1 mins

October 25, 2025

Hindustan Times Navi Mumbai

NC wins 3, BJP 1 in first J&K RS polls since Art 370 move

BJP CLINCHED THE FOURTH SEAT IN A NAIL-BITING CONTEST, FANNING SPECULATION OF CROSS VOTING

time to read

1 min

October 25, 2025

Hindustan Times Navi Mumbai

Kohli and the challenge of playing just one format in modern cricket

It doesn't help that ODIs are dying and he just isn't getting enough competitive cricket under his belt

time to read

3 mins

October 25, 2025

Hindustan Times Navi Mumbai

Jana Sangh formed, promises to take on Cong, reunify India

HT’s report on Bharatiya Jana Sangh entering political landscape as a pan-country party

time to read

3 mins

October 25, 2025

Listen

Translate

Share

-
+

Change font size