Foxconn, STMicro seek Indian support for semiconductor factory
Technology

Foxconn, STMicro seek Indian support for semiconductor factory

Foxconn Technology Group and STMicroelectronics NV are joining forces in a bid to establish a semiconductor factory in India, as they seek state support to expand their presence in the South Asian nation.

Sources familiar with the matter, who preferred to remain anonymous as the plan has not yet been made public, indicate that Foxconn, based in Taiwan, and the Franco-Italian company STMicroelectronics are seeking state assistance for the construction of a 40-nanometer chip manufacturing facility. Such advanced chips are used in a wide range of applications, including automobiles, cameras, printers, and various other devices.

This move comes in the wake of Foxconn's unsuccessful attempt to partner with billionaire Anil Agarwal's Vedanta Resources, which yielded minimal progress over a year. By collaborating with STMicro, Foxconn, a contract manufacturer, is leveraging the expertise of a semiconductor industry pioneer to expand its presence in the highly competitive but challenging semiconductor sector.

The previous failure of Foxconn's venture with Vedanta, a metals company, underscores the formidable challenges of establishing new semiconductor plants. These massive complexes require billions of dollars in investment and demand highly specialised expertise for successful operation. Both Foxconn and Vedanta lacked significant prior experience in chip manufacturing, and their joint venture was hindered by delays in securing a partner with production-ready chip technology and obtaining state subsidy approvals.

New Delhi has reportedly requested more details from Foxconn, renowned for its role as Apple Inc.'s primary assembly partner, regarding its partnership with STMicro. Furthermore, Foxconn is said to be engaged in discussions with several other companies possessing chip-making technology, according to one of the sources.

As of now, there has been no response from India's technology ministry, and both Foxconn and STMicro spokespersons have declined to comment on the matter.

Foxconn Technology Group and STMicroelectronics NV are joining forces in a bid to establish a semiconductor factory in India, as they seek state support to expand their presence in the South Asian nation.Sources familiar with the matter, who preferred to remain anonymous as the plan has not yet been made public, indicate that Foxconn, based in Taiwan, and the Franco-Italian company STMicroelectronics are seeking state assistance for the construction of a 40-nanometer chip manufacturing facility. Such advanced chips are used in a wide range of applications, including automobiles, cameras, printers, and various other devices.This move comes in the wake of Foxconn's unsuccessful attempt to partner with billionaire Anil Agarwal's Vedanta Resources, which yielded minimal progress over a year. By collaborating with STMicro, Foxconn, a contract manufacturer, is leveraging the expertise of a semiconductor industry pioneer to expand its presence in the highly competitive but challenging semiconductor sector.The previous failure of Foxconn's venture with Vedanta, a metals company, underscores the formidable challenges of establishing new semiconductor plants. These massive complexes require billions of dollars in investment and demand highly specialised expertise for successful operation. Both Foxconn and Vedanta lacked significant prior experience in chip manufacturing, and their joint venture was hindered by delays in securing a partner with production-ready chip technology and obtaining state subsidy approvals.New Delhi has reportedly requested more details from Foxconn, renowned for its role as Apple Inc.'s primary assembly partner, regarding its partnership with STMicro. Furthermore, Foxconn is said to be engaged in discussions with several other companies possessing chip-making technology, according to one of the sources.As of now, there has been no response from India's technology ministry, and both Foxconn and STMicro spokespersons have declined to comment on the matter.

Next Story
Infrastructure Transport

Taking Flight!

When Prime Minister Narendra Modi inaugurated the Navi Mumbai International Airport (NMIA) on October 8, 2025, it marked far more than the opening of another terminal – it signified a turning point in India’s aviation and infrastructure narrative. Developed by Adani Airport Holdings Ltd (AAHL) in partnership with the City and Industrial Development Corporation (CIDCO), NMIA represents a bold vision of how modern India intends to connect its people, power its economy and project its identity on the global stage.“The Navi Mumbai International Airport is a project that exemplifies the visio..

Next Story
Infrastructure Transport

Highway Guidelines 2.0

In August 2025, a Public Accounts Committee comprising members of the Lok Sabha and Rajya Sabha presented a report, ‘Levy and Regulation of Fees, Tariffs, User Charges etc on Public Infrastructure and Other Public Utilities in the context of the Ministry of Road Transport and Highways (MoRTH) and the National Highways Authority of India (NHAI).Having examined present design accountability, subcontracting, pavement failures, emergency response mechanisms, toll reforms, service quality, stakeholder consultations and other aspects, the Committee presented recommendations covering the planning a..

Next Story
Infrastructure Transport

Railways approves major upgrade for Telangana traction lines

The Ministry of Railways has approved the upgradation of the electric traction system in two crucial railway sections — Medchal–Mudkhed (225 km) and Mahbubnagar–Dhone (184 km). The projects, costing Rs 1.93 billion and Rs 1.23 billion respectively, will enhance the electric traction capacity from 1X25 KV to 2X25 KV. The work includes modifications to circuit breakers and switching stations, along with the installation of additional conductors. These routes serve as vital links between Northern and Southern India via Hyderabad. Once completed, the upgraded system will reduce voltage dro..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?