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Taiwan’s Foxconn has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta, the Taiwanese firm said Monday, in a setback to Indian Prime Minister Narendra Modi’s chipmaking plans for his country.
Source: https://www.japantimes.co.jp/news/2023/07/11/business/tech/foxconn-dumps-vedanta-chip-plan/