iPhone maker Foxconn to make chips in India with Vedanta


FILE PHOTO The Foxconn logo is seen on the headquarters building in Tucheng Taipei County May 25 2010.  REUTERSNicky Loh

FILE PHOTO: The Foxconn logo is seen on the headquarters building in Tucheng, Taipei County May 25, 2010. REUTERS/Nicky Loh

TAIPEI (Reuters) - Taiwan's Foxconn said on Monday it had partnered with Indian conglomerate Vedanta Ltd to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage.

Foxconn, the world's largest contract electronics manufacturer and a major Apple supplier, has expanded into areas including electric vehicles (EVs) and semiconductors in recent years.

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