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. 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.