GANDHINAGAR, India : Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in Prime Minister Narendra Modi's home state, as the government tries to lure investments into India's nascent chip industry.India wants to establish itself as a semiconductor manufac
GANDHINAGAR, India : Top executives from Foxconn and semiconductor firms Micron and AMD will this week attend a conference in Prime Minister Narendra Modi's home state, as the government tries to lure investments into India's nascent chip industry.
But Modi's plan has so far floundered. In 2021, his government announced a $10 billion scheme for domestic chip manufacturing, attracting interest from companies including Foxconn and local conglomerate Vedanta Ltd, but none of these proposals have materialised. The event comes just weeks after Foxconn backed out of a $19.5 billion chips joint venture with Vedanta, saying"the project was not moving fast enough". Foxconn has since decided to go solo.
At its crowded booth at the conference venue, Micron displayed samples of chips, as well as QR codes linking to its job openings for technicians and wafer dicing process engineers in Gujarat.
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