Communication Technology will join Hon Hai and India Vedanta joint venture fab project

Recently, according to Indian media reports, Hon Hai has made new progress in its layout in India. Hon Hai and Vedanta, a large Indian multinational group, are planning to match up. The European chip manufacturer STMicroelectronics has become a partner to participate in the plan to manufacture semiconductor chips in India. The relevant plan is the latest It will be launched in mid-March this year.

According to Indian financial media The Economic Times, citing sources, Hon Hai announced in mid-February last year that it had signed a memorandum of cooperation with Vedanta, intending to jointly fund and establish a joint venture company to manufacture semiconductors in India. Hon Hai will become the leader of the cooperation plan.

According to sources, the Indian government is very optimistic about the investment plan of Hon Hai Group, and it is expected that the relevant plan may be launched in mid-March. Capability to set up a fab in India.

As early as mid-October last year, a senior executive of Vedanta Group said to the outside world that the 28nm 12-inch wafer fab planned to be built by Hon Hai and Vedanta is expected to be put into operation in 2025, and the initial output will be 40,000 wafers per month. Wafers will be produced at full speed the next year.

According to public information on the Internet, Vedanta is an Indian multinational group that started with mining and operating natural resources. Vedanta Group not only owns a telecommunications engineering company, but also has AvanStrate, a subsidiary that manufactures glass substrates, and Sterlite, a fiber optic cable subsidiary, with electronic components. Manufacturing capacity, and AvanStrate is also the world's top 5 glass substrate suppliers.