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Apple supplier Foxconn’s failed India chip venture shows how tough it is for new players

Apple supplier Foxconn's failed India chip venture shows how tough it is for new players

This month, Foxconn pulled out of its joint venture with Vedanta. The two sides “mutually agreed to part ways,” Foxconn said in a statement at the time.

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Foxconn is best known as the main assembler of Apple’s iPhones. But in last couple of years, the Taiwanese firm has made a push into semiconductors, betting that the rise of technologies like artificial intelligence will boost demand for these chips.

But…


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