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Taiwan's Foxconn to apply for chip mfg plant separately

The Morning Standard

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July 12, 2023

A day after pulling out from a joint venture with Vedanta Ltd., Taiwanese contract manufacturer Foxconn announced on Tuesday that it will apply separately for the "Modified Programme for Semiconductors and Display Fab Ecosystem".

- RAKESH KUMAR

Taiwan's Foxconn to apply for chip mfg plant separately

In a statement, Foxconn said the company is actively working towards submitting an application for the "Modified Programme for Semiconductors and Display Fab Ecosystem." "We have been actively reviewing the landscape for optimal partners. We welcome a diverse set of stakeholders, both inside India and abroad, who also want to see India get to the next level and can complement Foxconn's world-class supply chain management and manufacturing efficiency," said Foxconn in a statement.

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