Foxconn Withdraws From Rs 1.5 Lakh Crore Vedanta Chip Plan In India
NDTV
Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta".
Foxconn on Monday said it has decided to pull out of semiconductor joint venture with Indian conglomerate Vedanta, according to a statement.
Foxconn said it is "working to remove the Foxconn name from what now is a fully-owned entity of Vedanta".
"Foxconn has no connection to the entity and efforts to keep its original name will cause confusion for future stakeholders," Hon Hai Technology group (Foxconn) said.
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