Hon Hai, Vedanta plant could be running in 2025Staff writer with CNA, NEW DELHIA joint venture by Hon Hai Precision Industry Co (鴻海精密) and India’s Vedanta Ltd to build a semiconductor plant in Gujarat state, India, could start producing 12-inch wafers using the 28-nanometer process in 2025, a Vedanta executive said on Sunday. Akarsh Hebbar, Vedanta’s global managing director of display and semiconductor business, on Sunday offered new details on what the project would entail. Chen Lu-tao, an official at Hon Hai Precision Industry Co’s operations in Chennai, India, left, and Akarsh Hebbar, Vedanta Ltd’s global managing director of display and semiconductor business, pose for a photograph in New Delhi on Sunday. Photo: CNAThe companies are looking at Dholera, where they are close to finalizing a 162-hectare plot for the plant, Hebbar said. Media reports last month said that Hon Hai, known internationally as Foxconn Technology Group (富士康科技集團), would act as a technical partner, while funding would come mainly from Vedanta, a mining conglomerate that has recently sought to diversify into chip manufacturing.

Source: Taipei Times October 17, 2022 20:35 UTC