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Foxconn signs $37 million chip deal in India
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Foxconn signs $37 million chip deal in India
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18th January 2024, 15:21
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 153,575
 |  Foxconn signs $37 million chip deal in India New chip packaging and testing business Foxconn is teaming up with Indian software and engineering firm HCL Group to set up a chip packaging and testing business in India in a deal worth $37.2 million. The move, revealed in a legal document with Taiwan's stock market, comes six months after Foxconn — also known as Hon Hai Precision — ditched a planned chip making joint venture with Indian firm Vedanta Group. Under the terms of the deal, Foxconn’s Hon Hai Technology India Mega Development unit will get a 40 per cent share in a joint chip packaging and testing business — known as OSAT — with HCL Group. https://fudzilla.com/news/58287-foxc...-deal-in-india |
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