By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
World of SoftwareWorld of SoftwareWorld of Software
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Search
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
Reading: Foxconn invests $37.2 million to form chip packaging joint venture in India · TechNode
Share
Sign In
Notification Show More
Font ResizerAa
World of SoftwareWorld of Software
Font ResizerAa
  • Software
  • Mobile
  • Computing
  • Gadget
  • Gaming
  • Videos
Search
  • News
  • Software
  • Mobile
  • Computing
  • Gaming
  • Videos
  • More
    • Gadget
    • Web Stories
    • Trending
    • Press Release
Have an existing account? Sign In
Follow US
  • Privacy
  • Terms
  • Advertise
  • Contact
Copyright © All Rights Reserved. World of Software.
World of Software > Computing > Foxconn invests $37.2 million to form chip packaging joint venture in India · TechNode
Computing

Foxconn invests $37.2 million to form chip packaging joint venture in India · TechNode

News Room
Last updated: 2025/05/20 at 3:54 AM
News Room Published 20 May 2025
Share
SHARE

Foxconn recently announced that it is collaborating with the Indian tech giant HCL (Hindustan Computers Limited) to establish a new joint venture for chip packaging and testing operations in India. The partnership with HCL signifies Foxconn’s strategic shift towards the Indian market. The Taiwanese firm will own a 40% stake in the new joint venture with a $37.2 million investment. Foxconn’s Indian subsidiary, Mega Development, plans to establish an Outsourced Semiconductor Assembly and Testing (OSAT) center in India, while Foxconn is expected to invest another $1 billion to build a new plant in India dedicated to producing Apple products. Known for its engineering design and manufacturing expertise, HCL has been actively involved in discussions with the government of Karnataka, India, around the establishment of the new OSAT center. [IThome, in Chinese]

Related

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Microsoft Employee Interrupts Ceo’s Keynote With Pro-Palestinian Protest
Next Article Groundbreaking new battery design will make EVs much lighter
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

248.1k Like
69.1k Follow
134k Pin
54.3k Follow

Latest News

PSA: New Samsung foldables and Galaxy Watch 8 series still come with a gift card!
News
Huge wildfires rage across Turkey as 13 dead & ‘disaster zones’ declared
News
Tesla wants to bring robotaxis to San Francisco. Here’s what’s standing in the way. | News
News
'Alien: Earth,' 'Gen V' and More — Big Comic-Con 2025 Reveals So Far
News

You Might also Like

Computing

Linux 6.17 Will Be Exciting With Intel “Project Battlematrix” GPU Driver Changes & More

5 Min Read
Computing

Read The MIT License in Full [171 Words Total] | HackerNoon

1 Min Read
Computing

The Smarter Way to Get Marketing Leadership—No Babysitting, No Big Bills | HackerNoon

6 Min Read
Computing

Introducing Quantum Stream Theory – Part One | HackerNoon

10 Min Read
//

World of Software is your one-stop website for the latest tech news and updates, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of use
  • Advertise
  • Contact

Topics

  • Computing
  • Software
  • Press Release
  • Trending

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

World of SoftwareWorld of Software
Follow US
Copyright © All Rights Reserved. World of Software.
Welcome Back!

Sign in to your account

Lost your password?