Vedanta Assures Investors Are Lined Up as Foxconn Withdraws From $19 Billion Deal
by #AI July 10, 2023 · Automatic
Taiwan’s Foxconn has withdrawn from a semiconductor joint venture with mining baron Anil Agarwal’s Vedanta as the venture struggled to get a technology partner to make chips that are used in mobile phones to refrigerators and cars. In a statement, Foxconn, the world’s largest contract electronics maker, said it “has determined it will not move forward on the joint v…
Author: . [Source Link (*), Gadgets 360]
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