India Approves HCL-Foxconn Joint Venture Semiconductor Unit | Daily Reports Online
India’s cabinet has approved a new semiconductor plant, a joint venture between HCL Group and Taiwan’s Foxconn, costing 37.06 billion rupees ($435 million), information minister Ashwini Vaishnaw said on Wednesday. The plant, which will be located near the Jewar airport in the northern state of Uttar Pradesh, is designed for a capacity of 20,000 wafers per month and can produce 36 million display…










