Veteran Mike Young joins Vedanta-Foxconn JV leadership
Technology

Veteran Mike Young joins Vedanta-Foxconn JV leadership

Mike Young has been appointed as the Senior Vice President of Project Management Office and Manufacturing Operations at Vedanta-Foxconn Semiconductors Limited (VFSL), a joint venture between Foxconn and Vedanta Group. VFSL is planning to establish a cutting-edge semiconductor fabrication facility in India, and Mike will be responsible for overseeing the smooth execution of manufacturing and operational processes in this role.

According to David Reed, the CEO of VFSL, Young brings an extensive 34 years of experience in front-end semiconductor manufacturing across various regions, with significant contributions to two high-volume startups. Reed expresses delight in welcoming Mike to Vedanta-Foxconn Semiconductors Limited and highlights the critical role he will play in establishing top-notch semiconductor manufacturing processes and operations.

Speaking about the potential of the semiconductor industry, Mike Young states that it is projected to reach a trillion dollars in the next decade, with India poised to become a major player. He expresses excitement about the opportunity to work for a joint venture between two leading industry players, Vedanta and Foxconn, and looks forward to making a global impact with the semiconductor fab in India.

Prior to joining Vedanta, Mike took a short sabbatical from his previous role as the CEO of Systems on Silicon Manufacturing Company (SSMC) in Singapore. He has also served as the CEO of X-FAB Sarawak in Malaysia. Mike has gained extensive experience in operations, yield, and device engineering throughout his career, working with renowned companies such as X-FAB UK, STMicroelectronics, Siemens, Atmel, and Plessey Semiconductors. He is known for his excellence in managing high-performing facilities through effective leadership, continuous improvement, cost control, and operational performance enhancement.

Mike holds a master's degree in Microelectronics Engineering from Middlesex University, UK, and a bachelor's degree in Physics from Aston University, UK.

Vedanta has been actively acquiring talent from the semiconductor industry on a global scale. Earlier this year, David Reed was appointed as CEO, followed by Lawrence (Wong Chee Yoong) as Senior Director of Human Resources. Recently, the company also hired Terry Daly, a veteran from IBM, as an advisor. With these strategic hires, Vedanta continues assembling a highly experienced professional team for its semiconductor business.

Mike Young has been appointed as the Senior Vice President of Project Management Office and Manufacturing Operations at Vedanta-Foxconn Semiconductors Limited (VFSL), a joint venture between Foxconn and Vedanta Group. VFSL is planning to establish a cutting-edge semiconductor fabrication facility in India, and Mike will be responsible for overseeing the smooth execution of manufacturing and operational processes in this role. According to David Reed, the CEO of VFSL, Young brings an extensive 34 years of experience in front-end semiconductor manufacturing across various regions, with significant contributions to two high-volume startups. Reed expresses delight in welcoming Mike to Vedanta-Foxconn Semiconductors Limited and highlights the critical role he will play in establishing top-notch semiconductor manufacturing processes and operations. Speaking about the potential of the semiconductor industry, Mike Young states that it is projected to reach a trillion dollars in the next decade, with India poised to become a major player. He expresses excitement about the opportunity to work for a joint venture between two leading industry players, Vedanta and Foxconn, and looks forward to making a global impact with the semiconductor fab in India. Prior to joining Vedanta, Mike took a short sabbatical from his previous role as the CEO of Systems on Silicon Manufacturing Company (SSMC) in Singapore. He has also served as the CEO of X-FAB Sarawak in Malaysia. Mike has gained extensive experience in operations, yield, and device engineering throughout his career, working with renowned companies such as X-FAB UK, STMicroelectronics, Siemens, Atmel, and Plessey Semiconductors. He is known for his excellence in managing high-performing facilities through effective leadership, continuous improvement, cost control, and operational performance enhancement. Mike holds a master's degree in Microelectronics Engineering from Middlesex University, UK, and a bachelor's degree in Physics from Aston University, UK. Vedanta has been actively acquiring talent from the semiconductor industry on a global scale. Earlier this year, David Reed was appointed as CEO, followed by Lawrence (Wong Chee Yoong) as Senior Director of Human Resources. Recently, the company also hired Terry Daly, a veteran from IBM, as an advisor. With these strategic hires, Vedanta continues assembling a highly experienced professional team for its semiconductor business.

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement