As Foxconn exits, Vedanta says has lined up partners for semiconductor venture

A worker miniature is placed among printed circuit boards with semiconductor chips.(REUTERS)


Reuters | | Posted by Nisha Anand

India’s Vedanta has lined up partners for its semiconductor manufacturing venture in the country, group chairman Anil Agarwal said on Wednesday, days after its joint-venture partner Foxconn pulled out of the chipmaking project.

A worker miniature is placed among printed circuit boards with semiconductor chips.(REUTERS)

Foxconn withdrew from a $19.5 billion semiconductor joint venture with the metals-to-oil conglomerate earlier this week.

(This is a developing story, kindly check back for updates)



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