In a blow to India’s ambitions of becoming a significant chipmaker, Taiwan’s Foxconn said on Monday it has withdrawn from a $19.5 billion semiconductor joint venture with Indian metals-to-oil conglomerate Vedanta. The move is a setback to Prime Minister Narendra Modi’s chipmaking plans for India, which have been a key plank in his economic strategy … Continue reading Foxconn Pulls Plug on $19.5 Billion Chip Plant in India