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India Clears $435 Million Joint Venture by HCL and Foxconn for Semiconductor Manufacturing
2025-05-15 /
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Author：小编
India's Cabinet has granted approval for a collaborative venture between the HCL Group and Taiwan's Foxconn Group, aiming to establish a semiconductor factory with a total investment of roughly $435 million. Production at this facility is anticipated to commence in 2027. The plant will specialize in the manufacture of display driver chips, boasting a monthly production capacity of 20,000 wafers, equating to an annual output of 36 million chips.
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