India's Vedanta to take over Foxconn chip JV from holding co

South Africa News News

India's Vedanta to take over Foxconn chip JV from holding co
South Africa Latest News,South Africa Headlines
  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

BENGALURU : India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set up to make semiconductors.Vedanta also said it would also take over a display glass manufacturing venture from Volc

BENGALURU : India's metals-to-oil conglomerate Vedanta Ltd said on Friday that it would take over from its holding company the ownership of a joint venture with Taiwan's Foxconn that was set up to make semiconductors.

Volcan and Foxconn signed a pact last year to invest $19.5 billion to set up semiconductor and display production plants in the state of Gujarat in west India to tap into the country's plans to become an electronics major.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

ChannelNewsAsia /  🏆 6. in SG

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Foxconn chairman holds talks with Sharp employees in Japan after profit slumpFoxconn chairman holds talks with Sharp employees in Japan after profit slumpTAIPEI :Foxconn Chairman Liu Young-way held talks with senior and mid-level employees at Japan's Sharp this week and discussed topics including the relationship between the two companies, the Japanese electronics maker said Thursday. Foxconn, the world's largest contract electronics maker, reported a 56 per c
Read more »

Foxconn chairman holds talks with Sharp employees in Japan -sourcesFoxconn chairman holds talks with Sharp employees in Japan -sourcesTAIPEI : Foxconn Chairman Liu Young-way held talks with mid-level employees at Japan's Sharp this week and talked about topics including the relationship between the two companies, according to two sources familiar with the matter. Foxconn, the world's largest contract electronics maker, reported a 56 per
Read more »

India's Jio set to sign $1.7 billion deal with Nokia for 5G equipment - Economic TimesIndia's Jio set to sign $1.7 billion deal with Nokia for 5G equipment - Economic TimesBENGALURU :India's Reliance Jio Infocomm is likely to sign a contract worth $1.7 billion with Nokia this week to purchase 5G network equipment, the Economic Times reported on Thursday, citing people aware of the matter.The contract could be signed as early as Thursday in Helsinki, Finland, where Nokia is head
Read more »

India's TCS to upskill 25,000 engineers on Microsoft's Azure Open AIIndia's TCS to upskill 25,000 engineers on Microsoft's Azure Open AIBENGALURU : Indian information technology (IT) company Tata Consultancy Services on Thursday said it plans to train 25,000 engineers to get them certified on Microsoft's Azure Open AI.The company also launched its new Generative AI Enterprise adoption offering for clients, making a bet on the rapidly grow
Read more »

Google accuses India antitrust body of protecting Amazon in Android probeGoogle accuses India antitrust body of protecting Amazon in Android probeNEW DELHI : Google has accused India's antitrust body of ordering changes to its business model 'only to protect' rival Amazon, which complained about its struggles to develop a modified version of the Android system due to Google's restrictions, legal papers show.Google has approached India's Supreme Cou
Read more »

Modi’s push for a single personal law in India sparks renewed debate and disquietModi’s push for a single personal law in India sparks renewed debate and disquietQuestions have arisen over the practicality of the Uniform Civil Code and whether it will dilute local customs and traditions. Read more at straitstimes.com.
Read more »



Render Time: 2025-02-28 02:16:30