Foxconn Run Away from Motherland Yeendia, abandoning 19.5b USD semicon project, why hah?

[k1976]

Apple supplier Foxconn pulls out of $19.5 billion India chip project​

PUBLISHED MON, JUL 10 20239:03 AM EDTUPDATED MON, JUL 10 202312:47 PM EDT

Rohan Goswami@IN/ROHANGOSWAMICNBC/@ROGOSWAMI
WATCH LIVE
KEY POINTS

• Foxconn has pulled out of a $19.5 billion joint venture in India that would have produced semiconductor and display components.
• Foxconn has broken ground on multiple factory sites across India, although the joint venture with Vedanta would have been one of the largest.
• Apple has emphasized supply chain de-risking to suppliers, even as executives walk a fine line in public commentary on the Communist regime.

 

[k1976]

https://www.cnbc.com/2023/07/10/app...t-of-19point5-billion-india-chip-project.html

South Asia also have world class talents de woh

 

[k1976]

Lead Apple supplier and global manufacturing powerhouse Foxconn has pulled out of a $19.5 billion joint venture project with Indian conglomerate Vedanta that would have brought semiconductor and display manufacturing to the Indian state of Gujarat.

 

[k1976]

Foxconn continues to build other factories across India, including one in Telangana and one in Bengaluru.

 

[batman1]

Guo Tai Ming now busy with Taiwan presidential election in Jan 2024. No time for investments now.