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Centre gives nod to HCL-Foxconn chip unit
Business Standard
|May 15, 2025
The Union Cabinet on Wednesday approved the ₹3,706 crore HCL Group-Foxconn joint venture chip assembly unit in Uttar Pradesh's Jewar, Union Electronics and Information Technology Minister Ashwini Vaishnaw said.
The outsourced assembly and testing (OSAT) unit, which is expected to employ 2,000 people, will assemble up to 20,000 wafers per month with a design output capacity of 36 million units per month, the minister added.
Dit verhaal komt uit de May 15, 2025-editie van Business Standard.
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