Vedanta + Foxconn: will India Finally have its First Semiconductor Fab?
A recent announcement that the Vedanta Group, an Indian mining and minerals conglomerate is partnering with Foxconn, a giant Taiwanese electronics contract manufacturer, to build a fab in India seems to have confused the experts. I wonder why the experts always appear to be stumped. Perhaps, because they are experts? If they would just try and understand Foxconn group's history, there'd be no more stumping. In 2016 Foxconn acquired Sharp Electronics. Sharp has a .13µ 8"fab. In 2018, EE Times reported that Foxconn plans to invest $9Bn in a fab in Zhuhai, China. Foxconn was expected to draw on the Sharp fab to get this started . “One of the Hon Hai group’s (aka Foxconn) goals when acquiring Sharp was to gain semiconductor technology,” Tokyo-based Mizuho Securities analyst Yasuo Nakane told EE Times. In March of 2020, Foxconn warned of materials shortage. What does Vedanta excel in? You see my point? . There's also this: "It set up a IC packaging and testing