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VEDANTA SEMICONDUCTOR JV
Foxconn dumps $19.5 billion Vedanta chip plan in blow to IndiaFoxconn said on Monday it is pulling out of a joint venture with Vedanta Ltd that was set up to make semiconductors from India.
Foxconn withdrawal from Vedanta JV has no impact on India's semiconductor goals: Rajeev ChandrasekharThe minister said that both Foxconn and Vedanta have significant investments in India and are valued investors who are creating jobs and gr...
Timeline of the $19.5 billion Foxconn-Vedanta chip plan in IndiaTaiwan's Foxconn said on Monday it had withdrawn from a joint venture with conglomerate Vedanta, in a blow to Prime Minister Narendra Modi'...
Vedanta Foxconn re-submit application to set up semiconductor plantThe company had earlier announced that the plant will be set up with an investment of around Rs 1.5 lakh crore and start making revenue by ...
Foxconn pings other large business houses as Vedanta chip JV stallsVedanta Resources Ltd (VRL), the parent entity of vedanta limited recently raised $450 million from two of its principal rivals — Trafigura...
Application window for India's revised semiconductor scheme opens; fresh chance for Vedanta-FoxconnThe full name of the scheme is "Modified Scheme for setting up of Compound Semiconductors, Silicon Photonics, Sensors Fab, Discrete Semicon...
Vedanta-Foxconn JV shares details of chip tech partnersOf the two partners, Foxconn is responsible for bringing in technology partners, and the JV will enable more licences as needed, said Akars...
Vedanta will play lead in Foxconn JV with 63% stakeThe oil-to-metals group will continue to hold 63%, while Foxconn will own 37%, said Akarsh Hebbar, global managing director of display and ...
Foxconn, Vedanta plan tech tie-up with STM for India semiconductor manufacturing unitFoxconn will continue to be the lead partner in the joint venture that was announced last February. "The government is bullish on Foxconn, ...
Cabinet approves 50% incentive of project cost for setting up semiconductor unitsThe 50% fiscal support to all three schemes was based on a unanimous recommendation by an advisory committee consisting of experts from aro...
Vedanta clarifies semiconductor manufacturing to be done by holding company VolcanEarlier, Vedanta and Foxconn had said they will invest over ₹1.54 lakh crore to set up a display fabrication and semiconductor manufacturin...
Gujarat government and Vedanta group sign MoU to set up semiconductor unitThe union minister for electronics and information technology Ashwini Vaishnaw was also present in Gandhinagar at the signing of the MoU.
Vedanta-Foxconn JV picks Gujarat to set up semiconductor unitVedanta-Foxconn JV is “at a very advanced stage with Gujarat for their investments” and the deal may be signed and announced this week.
Vedanta-Foxconn joint venture told to give info on chip expertiseCompanies need to demonstrate clear expertise in the specialised field of semiconductor manufacturing to qualify for incentives under India...
Vedanta-Foxconn JV told to give info on chip expertiseThe ministry for electronics & information technology (MeitY) wants the Anil Agarwal-owned Vedanta and Taiwan-based Foxconn Technology Grou...
Vedanta Group eyes USD 3.5 billion turnover from chip business, one-third from exportsVedanta Foxconn JV is among three companies that have applied for setting up semiconductor manufacturing units in the country. Vedanta has ...
Vedanta Group eyes $3.5 billion turnover from chip business, one-third from exportsVedanta Group has earmarked investments of up to USD 20 billion for semiconductor business, and it plans to invest USD 15 billion in the fi...