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$10-billion semiconductor PLI to help India do in a decade what China did in 25-30 years: Rajeev Chandrasekhar

The production-linked incentive scheme last year attracted firms like Vedanta and Taiwan’s Foxconn, who promised multi-billion dollar investment in setting…

Updated: July 27, 2023 16:42 IST

Foxconn buys equipment from Apple for expansion in India

In May, India’s Minister of State for Technology Rajeev Chandrasekhar said that Apple is interested in increasing electronics production in…

Updated: July 20, 2023 17:42 IST

Rajeev Chandrasekhar, semiconductor, micron. foxconn

Rajeev Chandrasekhar says “right time for India to be a player in the semiconductor space” at Express Adda

According to Chandrasekhar, Micron investment in India is a key milestone and Foxconn -Vedanta project for fabs not going through…

Updated: July 20, 2023 01:16 IST

Foxconn, chip plant, STMicroelectronics NV, Vedanta Resources, semiconductor business, chip technology, financing plans, debt arrangements

Foxconn buys equipment worth $33 million from Apple for expansion in India

An Indian subsidiary of the Taiwanese company acquired equipment from Apple Operations Ltd. for operational needs, according to a filing…

July 19, 2023 06:35 IST

Foxconn, investment, employment, manufacturing, Narendra Modi, FDI, iPhones, Apple, global supply chain

Foxconn proposes to set up Rs 8,800 crore manufacturing plant in Karnataka

The Chief Minister Siddaramaiah chaired a high-level meeting with the delegates of Foxconn Industrial Internet (Fii), headed by its CEO,…

Updated: July 17, 2023 16:23 IST

Foxconn’s change of heart on chips is a warning to India

How can India both raise and meet its ambition of becoming an electronics manufacturing hub? For manufacturers, the answer is…

July 14, 2023 07:50 IST

Foxconn, Foxconn on semiconductor, Foxconn Vedanta joint venture, semiconductor,

The impact of Foxconn’s exit on India-Taiwan relations

Taiwan’s chipmaker Foxconn’s exit from its joint venture with Vedanta has raised critical debate on the chip manufacturing proposition with…

July 11, 2023 13:00 IST

Foxconn to apply for India chipmaking incentives after $19.5 billion joint venture pullout

“Foxconn is committed to India and sees the country successfully establishing a robust semiconductor manufacturing ecosystem,” the company said.

Updated: July 28, 2023 09:16 IST

Vedanta stock tanks 2% today after Foxconn ends $19.5 bln semiconductor JV; No impact on India, says IT Min

Vedanta stock has traded flat in the last few months despite a positive sentiment in the domestic market. While the…

Updated: July 11, 2023 10:34 IST

Vedanta, Vedanta semiconductor plant, Vedanta chip plant, foxconn,

As Foxconn withdraws, Vedanta says other partners lined for chip plant

Vedanta said that it has redoubled efforts to fulfil the Prime Minister Narendra Modi’s vision for semiconductors and affirmed that…

July 10, 2023 18:41 IST

Foxconn withdraws from India’s semiconductor JV with Vedanta

“Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders,”…

July 10, 2023 17:58 IST

Vedanta-Foxconn, Vedanta-Foxconn chips making, Vedanta-Foxconn semiconductor,

Vedanta-Foxconn submits revised application for making chips

“We have submitted the application as per the revised guidelines. We are committed to building a world-class fab in India,”…

June 28, 2023 06:15 IST

Saudi Arabia’s first EV brand Ceer to contribute Rs 65,820 crore to the country’s GDP by 2034

Ceer is the first Saudi automotive brand to produce electric vehicles in Saudi Arabia, and will design, manufacture and sell…

Updated: June 23, 2023 15:43 IST

Foxconn to make iPhones in India’s Karnataka by next April – state govt

Foxconn, the world’s largest contract electronics manufacturer, has set a target of manufacturing 20 million iPhones a year at the…

June 1, 2023 20:09 IST

Vedanta, Foxconn, chip venture, funding, semiconductors, technology, financial support, capital expenditure

Vedanta-Foxconn chip venture to be rejected by government

The government is likely to tell the venture between Agarwal’s Vedanta Resources Ltd. and Taiwan’s Hon Hai Precision Industry Co.…

May 31, 2023 09:17 IST

Apple supplier Foxconn to invest $500 million in India’s Telangana state

The investment will create 25,000 jobs in the first phase, K. T. Rama Rao said in a tweet.

Updated: May 15, 2023 12:10 IST

Apple supplier Foxconn’s Q1 profit slumps 56% y/y, lags forecasts

Overall, revenues for the second quarter would fall, while full-year revenues would be flat, the Taiwanese company said. Foxconn earlier…

May 11, 2023 14:36 IST

Foxconn, Apple, airpods, order, factory, investment, production, profit margin, manufacturing facility, supplier, revenue

Foxconn buys Rs 300-cr land in Bengaluru

The transaction has been carried out by parent Hon Hai Precision on behalf of Foxconn.

May 10, 2023 03:00 IST

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