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Gujarat in Talks With Foxconn for Semiconductor Plant Days After Vedanta JV Falls Apart
India's Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a joint-venture plan with India's Vedanta. "We are in touch with multiple prospective investors, including Foxconn ... Gujarat is uniquely positioned to attract top chipmakers," said Vijay ...
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Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
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Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV
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.
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"Bad Idea To Bet Against...": Minister Says Foxconn Exit Won't Hit Goals
The decision of Taiwan's Foxconn to withdraw from a $19.5 billion chip-making venture with Vedanta will have no impact on India's goals in the semiconductor space, Union Minister Rajeev Chandrashekar has said.
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Foxconn-Vedanta Deal Ends. Both Found New Partners, Say Sources: 10 Facts
Taiwan's Foxconn leaving a key $19.5 billion joint venture with Vedanta will not affect India's semiconductor programme, Union Minister Ashwini Vaishnaw told NDTV today. Foxconn in a statement said the decision to end the joint venture was mutual.
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Foxconn Quits $19 Billion Partnership With Vedanta: Explained In 5 Points
Taiwan's Foxconn has withdrawn from a $19.5 billion chip-making joint venture with Vedanta. Both have no prior semiconductor experience or technology, and were expected to source it from a technology partner, Union Minister Rajeev Chandrasekhar said.
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Vedanta-Foxconn, Other Chip Firms Expected to Re-Apply for Government Funding Under Revised Scheme
Some applicants including Vedanta Foxconn JV are expected to re-apply for government incentives under the modified semiconductor scheme opening from June 1, according to sources.
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Government May Clear Semiconductor Unit Proposals in Next 30-60 Days: MoS IT
The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in the development of the semicon...
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Shinde Government A Circus: Sena Leader's Latest On $20 Billion Deal Row
Shiv Sena leader Aaditya Thackeray today lashed out at the Eknath Shinde-led state government for Vedanta-Foxconn's decision to set up its semiconductor plant in Gujarat instead of Maharashtra.
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$20 Billion Deal Row: Eknath Shinde-PM Call And An Assurance From Vedanta
In a raging fight over Gujarat snagging the $20 billion Vedanta-Foxconn project, Maharashtra Chief Minister Eknath Shinde dialed Prime Minister Narendra Modi, who reportedly promised "a similar project, or a better one, to Maharashtra".
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Vedanta-Foxconn Sign Deal With Gujarat For $20 Billion Chip Foray
Vedanta Ltd and Taiwan's Foxconn signed an agreement with Gujarat to set up a $20 billion semiconductor project.
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India's Semiconductor Roadmap Entails Big Investments Due to Geopolitics: Minister of State for Electronics and IT
India’s roadmap for the semiconductor sector entails big investments due to geopolitical circumstances but it is giving equal importance to design and innovation, Minister of State for Electronics and IT Rajeev Chandrasekhar said.
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Gujarat in Talks With Foxconn for Semiconductor Plant Days After Vedanta JV Falls Apart
India's Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant broke off a joint-venture plan with India's Vedanta. "We are in touch with multiple prospective investors, including Foxconn ... Gujarat is uniquely positioned to attract top chipmakers," said Vijay ...
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Foxconn's Worries Over Vedanta's Financials Said to Be Reason Behind Withdrawal From JV
The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking joint venture, sources familiar with the information told Reuters.
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Apple Supplier Foxconn to Apply for Chipmaking Incentives in India After Pulling Out of $19.5 Billion Vedanta JV
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.
-
"Bad Idea To Bet Against...": Minister Says Foxconn Exit Won't Hit Goals
The decision of Taiwan's Foxconn to withdraw from a $19.5 billion chip-making venture with Vedanta will have no impact on India's goals in the semiconductor space, Union Minister Rajeev Chandrashekar has said.
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Foxconn-Vedanta Deal Ends. Both Found New Partners, Say Sources: 10 Facts
Taiwan's Foxconn leaving a key $19.5 billion joint venture with Vedanta will not affect India's semiconductor programme, Union Minister Ashwini Vaishnaw told NDTV today. Foxconn in a statement said the decision to end the joint venture was mutual.
-
Foxconn Quits $19 Billion Partnership With Vedanta: Explained In 5 Points
Taiwan's Foxconn has withdrawn from a $19.5 billion chip-making joint venture with Vedanta. Both have no prior semiconductor experience or technology, and were expected to source it from a technology partner, Union Minister Rajeev Chandrasekhar said.
-
Vedanta-Foxconn, Other Chip Firms Expected to Re-Apply for Government Funding Under Revised Scheme
Some applicants including Vedanta Foxconn JV are expected to re-apply for government incentives under the modified semiconductor scheme opening from June 1, according to sources.
-
Government May Clear Semiconductor Unit Proposals in Next 30-60 Days: MoS IT
The government is likely to start approving proposals to set up electronic chip and display manufacturing plants in the country in next 30-60 days, Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday. Speaking at IESA Vision Summit, Chandrasekhar said there has been a tremendous progress in the development of the semicon...
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Shinde Government A Circus: Sena Leader's Latest On $20 Billion Deal Row
Shiv Sena leader Aaditya Thackeray today lashed out at the Eknath Shinde-led state government for Vedanta-Foxconn's decision to set up its semiconductor plant in Gujarat instead of Maharashtra.
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$20 Billion Deal Row: Eknath Shinde-PM Call And An Assurance From Vedanta
In a raging fight over Gujarat snagging the $20 billion Vedanta-Foxconn project, Maharashtra Chief Minister Eknath Shinde dialed Prime Minister Narendra Modi, who reportedly promised "a similar project, or a better one, to Maharashtra".
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Vedanta-Foxconn Sign Deal With Gujarat For $20 Billion Chip Foray
Vedanta Ltd and Taiwan's Foxconn signed an agreement with Gujarat to set up a $20 billion semiconductor project.
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India's Semiconductor Roadmap Entails Big Investments Due to Geopolitics: Minister of State for Electronics and IT
India’s roadmap for the semiconductor sector entails big investments due to geopolitical circumstances but it is giving equal importance to design and innovation, Minister of State for Electronics and IT Rajeev Chandrasekhar said.
