Foxconn dumps $19.5 billion Vedanta chip plan in blow to India

https://www.reuters.com/technology/foxconn-pulls-out-india-chip-jv-with-vedanta-2023-07-10/

This is disheartening. Not having local semiconductor production is a liability. I hope we get some capabilities soon.

5 points · 2 comments · view on lemmy.world

2 Comments

johnmartin@lemmy.run · 3 pts · 3y

Agreed,

If Vedanta plans properly and start delivering, then I guess it could turn this into an opportunity instead of a setback.

peppy@lemmy.ml · 1 pts · 3y

Sad.