Funding Details
- Awarder
- RSS - techcrunch.com
- Date Award
- May 14, 2025
- Vertical
- Semiconductors
- Funding URL
- View Funding Page
Company Info
- Traction
- Foxconn has previously invested in India and is expanding its manufacturing capabilities to reduce reliance on China.
- Company Description
- Foxconn, a key manufacturer for Apple, has received approval from India’s cabinet to build a semiconductor plant in a joint venture with HCL Group. The plant will initially serve as a semiconductor assembly and test facility, focusing on packaging and testing services for chips manufactured elsewhere.
- Market
- Electronics Manufacturing
- Location
-
Jewar,
Uttar Pradesh,
India
- Coinvestors
- HCL Group
Links