FILE PHOTO: A wafer on display as Taiwan's Foxconn holds its annual shareholder meeting in New Taipei City, Taiwan May 31, 2023. REUTERS/Ann Wang/File Photo
TAIPEI/MUMBAI (Reuters) - Foxconn said it intends to apply for incentives under India's semiconductor production plan, a day after the Taiwanese firm split with Vedanta on a $19.5 billion chipmaking joint venture.
Foxconn withdrew from the JV with the Indian metals-to-oil conglomerate on Monday, in a setback to Prime Minister Narendra Modi's chipmaking plans for India.
