Foxconn Seeks to Work With STMicro to Build India Chip Plant

  • Contract manufacturer, chipmaker planning to expand in India
  • Foxconn’s previous attempt with billionaire Agarwal fell short
A silicon semiconductor wafer.Photographer: Hollie Adams/Bloomberg
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Foxconn Technology Group is teaming up with STMicroelectronics NV for a bid to build a semiconductor factory in India, seeking state backing to broaden its footprint in the South Asian country.