Vedanta Limited, India and Foxconn ends semiconductor JV, to go with separate partners

On July 10, multiple sources reported that Foxconn ended its USD 19.5 billion semiconductor joint venture with Vedanta Limited, India, and will further remove its name from it being the fully owned entity. Foxconn did not share any reason for the divestment, while Vedanta mentioned that it has lined up other partners....

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