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Foxconn, India’s star recruit for semiconductor manufacturing, quits

Departure won’t hurt a bit, insists IT minister, as JV partner presses ahead

Taiwanese tech manufacturer Hon Hai Technology Group, aka Foxconn, said on Monday it is withdrawing from a $19.5 million semiconductor and display manufacturing joint venture with Indian mining and power generation company Vedanta.…

Author: Laura Dobberstein. [Source Link (*), The Register]

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