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BENGALURU/TAIPEI (Reuters) Taiwan's Foxconn will partner with tech firm HCL Group for a semiconductor assembly and testing facility in India, the c ....
Foxconn, Apple's manufacturing giant, is forming a $37.2 million joint venture with HCL Group to establish a semiconductor packaging and testing facility in India. This marks Foxconn's entry into India's Outsourced Semiconductor Assembly and Test (OSAT) sector, aligning with its broader investment plans in India and a strategic shift away from China., Technology & Science News, Times Now ....
“HCL Group plans to partner with Foxconn Group to establish OSAT operations in India. HCL Group has a strong engineering and manufacturing heritage and this is an opportunity that provides strategic adjacency to the Group portfolio,” a spokesperson for the company said in a statement. ....