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Monday 17 July 2023
TSMC's C. C. Wei already told us whether India is suitable for chip foundries
Foxconn called off the joint venture plan with India's Vedanta Group without disclosing the reason. Interestingly, market rumors are now saying that Foxconn is discussing with TSMC...
Monday 17 July 2023
India roundup: Foxconn and Vedanta go separate ways for chip investments in India
After Vedanta acquired a 100% stake in its semiconductor and display manufacturing business, Foxconn said it parted away with Vedanta for their joint venture, Vedanta-Foxconn Semiconductors...
Monday 17 July 2023
India reportedly uneasy about BYD's proposal to make EVs in India
Following reports saying that Tesla is talking with the Indian government about making cars in India, BYD, the arch-rival of Tesla in the global EV market, is reportedly eyeing forming...
Friday 14 July 2023
Foxconn's change of heart on chips is a warning to India: Mihir Sharma
India has grand plans to become an electronics manufacturing hub. Given that level of ambition, we need to be prepared for setbacks — such as the news this week that Taiwan-based...
Friday 14 July 2023
FPD equipment market to bottom out in 2023 and recover with 153% rise in 2024
After peaking near US$21 billion of revenue in 2017, the market for capital equipment used to manufacture OLEDs and LCD panels has suffered from continuous annual declines as the...
Thursday 13 July 2023
Foxconn reportedly talking with Gujarat for chipmaking facilities
Despite the Foxconn-Vedanta deal falling apart, chip investments from global and local companies continue to flow into India's western state of Gujarat, potentially making it the...
Thursday 13 July 2023
Tesla reportedly begins initial talks to make EVs in India
Weeks after Narendra Modi and Elon Musk's meeting in the US, Indian media reported that Tesla had begun initial talks to make cars in India.
Wednesday 12 July 2023
ADATA approved capital injection plan for making memory modules in India
ADATA announced in a regulatory filing on July 10 that its board of directors approved a capital injection worth up to US$25 million into its Indian subsidiary, ADATA Semiconductor...
Wednesday 12 July 2023
Innolux says India JV project still in progress
Innolux has said that its plan to join hands with the Vedanta Group to establish the first TFT LCD production line in India with mass production capability remains unchanged.
Wednesday 12 July 2023
Foxconn's decision to withdrawn from chip JV with Vedanta could have been avoided
Despite being the front-runner for India's semiconductor manufacturing incentive scheme, Foxconn decided to withdraw from the joint venture with Vedanta and is looking for new Indian...
Wednesday 12 July 2023
Foxconn says in talks with potential partners in India
Hon Hai Technology Group (Foxconn) has disclosed that the company is in talks with potential new partners in India, following its decision to cut ties with the Vedanta Group.
Tuesday 11 July 2023
Indian AI company draws global interest with autonomous vehicle tech
There is a popular joke in India that Bangalore is a city where techies travel two hours in harrowing traffic to develop apps that will deliver food and groceries in eight minutes...
Tuesday 11 July 2023
Foxconn withdraws from chip JV with Vedanta
Days after Vedanta Limited acquired a 100% stake in Vedanta Group's semiconductor and display business, Foxconn said it quit its joint venture with Vedanta.
Tuesday 11 July 2023
Foxconn remains committed to expanding chip business in India
Foxconn Technology (Hon Hai Precision Technology) has announced that the joint ventures it set up with the Vedanta Group in India would become wholly owned by Vedanta, with Foxconn...
Monday 10 July 2023
Vedanta Limited takes full ownership of semiconductor JV with Foxconn
Vedanta Group announced an organizational rejig that put its semiconductor and display manufacturing business under Vedanta Limited.