In a recent development, Foxconn is reportedly engaged in discussions with Taiwan Semiconductor Manufacturing Co and Japan’s TMH Group to establish semiconductor fabrication units in India. According to the Economic Times, the discussions revolve around potential technology and joint venture partnerships.
These talks showcase Foxconn’s continuous efforts to expand its footprint in India’s semiconductor industry. By collaborating with Taiwan Semiconductor Manufacturing Co and TMH Group, the multinational electronics contract manufacturer could tap into their expertise and resources in semiconductor manufacturing.
By setting up semiconductor fabrication units in India, Foxconn aims to boost the country’s domestic production capabilities and contribute to its self-reliance in the technology sector.
According to industry experts, this move aligns with the Indian government’s push to make India a preferred destination for semiconductor manufacturing and reduce the country’s dependence on imports.
The Economic Times report does not provide specific details about the nature and scale of the potential partnerships. However, if the discussions materialize, they could bring significant advancements to India’s semiconductor industry and potentially create new job opportunities in the sector.
As of now, neither Foxconn, Taiwan Semiconductor Manufacturing Co, nor TMH Group have made any official statements regarding these discussions.
Reporting for this article was done by Chandni Shah in Bengaluru. The article was edited by Krishna Chandra Eluri.
Credit: The Star : Tech Feed
