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Jan 20, 2024PARTNERSHIPIndia

Foxconn and HCL Group form joint venture for OSAT facility in India

Foxconn (Hon Hai Precision) entered a joint venture with HCL Group to set up an outsourced assembly and testing (OSAT) facility in India. Foxconn will take a 40% stake in the $37.2 million deal.

Value

$37.2M

Status

Announced

Productschip packaging and testing services

CompaniesFoxconn partner HCL Group partner

Sectors#Semiconductors and Industrial Electronics

“Foxconn looks forward to jointly setting up OSAT operations in India with HCL.”sdxcentral.com

1 source
sdxcentral.comFoxconn launches joint venture with HCL Group for OSAT facility in India - SDxCentralCharlotte TruemanJan 20, 2024

Summarized from public sources; check the original articles before acting on it.

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Foxconn and HCL Group form joint venture for OSAT facility in India · Endata