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Vedanta yet to submit application for chip unit, find partner, ET Telecom

Vedanta Group s plan to manufacture semiconductors has become invalid after Foxconn s exit as joint venture partner from the USD 19.5 billion chip project.

Vedanta Q1 Results: Net profit plunges 40% to Rs 2,640 crore; revenue down 13%

Vedanta also said that CEO Sunil Duggal will retire from his post in the company with effect from July 31, 2023.

Vedanta s semiconductor plan invalid after Foxconn s exit

Vedanta s semiconductor plan invalid after Foxconn s exit
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vedanta: Vedanta yet to submit application for chip unit, find partner

Vedanta Group s plan to manufacture semiconductors has become invalid after Foxconn s exit as joint venture partner from the USD 19.5 billion chip project. The Indian conglomerate has not provided details of a new technology partner that is needed for semiconductor manufacturing and is yet to submit a fresh application.

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