BUSINESS

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BUSINESS

Foxconn could partner with TSMC in India

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Details

Electronics major Foxconn is in talks with chip-making giant Taiwan Semiconductor Manufacturing Company and Japan's TMG. The company will set up a semiconductor fabrication plant in India.

2

Scenario

Foxconn, TSMC, and TMH could form a JV and technology partnership to manufacture semiconductors in India. Foxconn has been involved in talks with the two companies for a while.

3

Benefit

TSMC is the world's largest semiconductor manufacturer, producing over 50% of global output. Roping in TSMC would be a significant achievement for Foxconn and India alike.

4

More

The Japan-based TMH Group offers semiconductor solutions and the operation and maintenance of manufacturing equipment. The expertise of TMG will help Foxconn make a better case.

5

Plan

Foxconn has reportedly told the government it plans to set up 4-5 semiconductor fabrication plants in India. It is unclear whether the electronics giant will partner with TSMC and TMH for every unit.