Vedanta-Foxconn joint venture talks with STMicroelectronics hit snag

Discussions between the Vedanta-Foxconn semiconductor consortium and STMicroelectronics for the latter to join as a technology partner in a proposed fab joint venture have stalled due to disagreements on technology transfer scope, partnership duration, and investment amounts.

“STMicroelectronics wants to limit the scope of the technology transfer as well as have a sunset clause regarding the duration of the joint venture.”telecom.economictimes.indiatimes.com

• 1 source
• telecom.economictimes.indiatimes.comVedanta-Foxconn’s fab joint-venture talks with STMicro hit a bump, ETTelecomAashish Aryan, ET TelecomApr 13, 2023

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