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Samsung extends output cuts in anticipation of AI-driven recovery

Samsung Electronics plans to continue reducing memory chip production while expecting a rebound in sales in H2 2021 due to increased global tech spending driven by demand for AI technologies.

Foxconn to pursue India plan without Vedanta, plans to apply for chip making unit separately

Electronics giant Foxconn plans to apply separately to set up a semiconductor manufacturing unit in India after exiting a joint venture with Vedanta. The move is aimed at taking advantage of incentives offered by the Indian government under its semiconductor manufacturing policy

Vedanta s chip dreams to face pushback as Centre set to deny funding

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