Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV

[ad_1] Taiwan’s Foxconn said on Tuesday it plans to apply for incentives that India is offering under its semiconductor manufacturing policy, a day after the company parted ways with Vedanta on a $19.5 billion (roughly Rs. 1,60,600 crore) chipmaking joint venture. “Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem,” … Read more