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STMicroelectronics is reportedly in talks to become a partner in the Vedanta-Foxconn joint venture to build a wafer fab in Gujarat, India. Vedanta also appointed former NXP executive David Reed as CEO of its semiconductor business.
“STMicroelectronics could become a partner in a Vedanta-Foxconn joint venture created to build a wafer fab in Gujurat, India, according to reports.”eenewseurope.com
Summarized from public sources; check the original articles before acting on it.