People familiar with the matter said that Taiwan Hon Hai Group is cooperating with the Indian large multinational group VEDANTA to match the European chip manufacturer's semiconductor (STM) as its science and technology partner to participate in the construction of Hon Hai's construction semiconductor wafer factory in Indiaplan of.
According to the Indian Financial Media Economic Times (The Economic Times), Saturday (February 4) quoted people familiar with the matter that Hon Hai Group announced in February last year that he signed a memorandum of cooperation with Vedanta and set up a semiconductor wafer wafer.Factory, producing semiconductors in India.
In order to promote domestic semiconductor manufacturing and enhance the role of global chip supply chain, the Indian government announced in December last year that it decided to expand the $ 10 billion (S $ 13.2 billion) plan for the investment in semiconductor manufacturing. Hon Haihe and Hon HaiheVedanta is one of the five applicants for the Indian government subsidies.
People familiar with the matter said that Hon Hai has invested huge funds in India, and the Indian government is quite optimistic about Hon Hai's investment plan.If the application is successful, the Indian government promises 50%of the project cost and provides other subsidies and rewards.The final project approval may gradually become clear in mid -March.
People familiar with the matter also mentioned that the Indian government can accept Vedanta as the primary partner of Hon Hai, but it is not an operating partner, because Vedante has no experience in semiconductor manufacturing.However, if Hon Hai and Vedanta jointly established a semiconductor wafer fab have failed, Hon Hai also had the opportunity to set up wafer fabrics in India with its own ability.
Vedanta spokesman said that the company has signed a final agreement with Hon Hai Group as a partner's dedication to completing the semiconductor wafer fab."(India) The government hopes that the project can be carried out with the best technical partners. We maintain the same as the government in this regard."
Spokesperson said that this complex project needs to be different from different ones from different ones.In cooperation between stakeholders, Vedanta and Hon Hai Group are negotiating with several potential technical partners, so that this project will not only be a huge success to both parties, but also India.
In mid -October last year, the senior director of Vedanta Group told Taiwan Central News Agency that the 28 -nanometer 12 -inch wafer plant built by Hon Hai and Vedanta's joint venture plan is expected to be put into operation in 2025. The initial output is 4 per month per monthTen tens of thousands of wafers have started to produce at full speed the following year.
Vedanta is a multinational group in India. It started with mining and operating natural resources. The Vedanta Group not only owns a telecommunications engineering company, but also Avanstrate, a subsidiary of glass substrates, and Sterlite, a fiber cable company, with electronic partsManufacturing capabilities, Avanstrate is also the world's top five glass substrate suppliers.