# Foxconn and Vedanta discuss roadmap for chip manufacturing JV in India

Foxconn chairman Young Liu met Vedanta's managing director Akarsh Hebbar to discuss the roadmap and location for their proposed joint venture to manufacture semiconductor chips in India. The JV, announced in February 2022, will see Vedanta hold 60% and Foxconn 40% equity.

- Type: Partnership
- Announced: 2022-06-24
- Where: India (location to be announced), India
- Value: $15.0B
- Status: announced
- Products: semiconductor chips, displays
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Vedanta](https://endata.com/companies/10003.md) (partner)
- [Foxconn](https://endata.com/companies/15170.md) (partner)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/info-tech/foxconn-vedanta-discuss-road-map-to-set-up-chip-manufacturing-plant/article65559909.ece), 2022-06-24: "Foxconn Chairman Young Liu met Akarsh Hebbar, Vedanta Group's Global Managing Director of Display & Semiconductor Business, in New Delhi to discuss the next steps for their proposed partnership to manufacture semiconductor chips in India."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.