In a setback to Prime Minister Narendra Modi’s semiconductor ambitions for India, Foxconn has announced its withdrawal from a $19.5 billion joint venture with Indian conglomerate Vedanta, reported Reuters, citing a statement from the Taiwanese company on Monday. The world’s largest contract electronics maker had signed an agreement with Vedanta last year to establish semiconductor […]
Tech Mahindra, a part of Indian conglommerate Mahindra Group, has joined forces with Foxconn-initiated MIH (Mobility in Harmony) Consortium with an aim to offer sustainable automotive engineering solutions to the mobility industry. The partnership will concentrate on coming up with sustainable mobility solutions and developing the next generation of autonomous driving solutions, electric vehicles (EVs), […]
