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NEWS TAGGED VEDANTA
Monday 6 May 2024
India roundup: Sharp reportedly in talks to set up display plant in India
Sharp, which is talking with Indian central and state governments, may become the first foreign firm to set up a display fab in India. Tata is progressing on its way to being a national...
Thursday 2 May 2024
Vedanta stays committed to semiconductor and display ventures, sparking speculation on intent
Despite setbacks, particularly the breakup with Foxconn, the debt-laden Vedanta Group is still keen on semiconductor and display forays, which was seen as a strategy to deal with...
Tuesday 2 January 2024
India roundup: challenges remain for smartphone export expansion in India
Despite rapid expansion in smartphone exports from India in recent years, geopolitical issues remain for India to expand exports further. Innolux confirmed the display collaboration...
Thursday 28 December 2023
Innolux-Vedanta collaboration reaches final approval phase
According to Innolux Chairman Jim Hung, the firm's partnership in India with Vedanta Group is in the last stage of the regulatory approval process. When the process is complete, the...
Thursday 9 November 2023
Vedanta TFT LCD collaboration with Innolux awaits approval amidst delays in wafer fab project
Despite little progress on an ambitious wafer fab project, Vedanta's TFT LCD plan in partnership with Taiwan-based Innolux has been advancing, waiting for approval by the Indian go...
Monday 17 July 2023
India roundup: Foxconn and Vedanta go separate ways for chip investments in India
After Vedanta acquired a 100% stake in its semiconductor and display manufacturing business, Foxconn said it parted away with Vedanta for their joint venture, Vedanta-Foxconn Semiconductors...
Friday 14 July 2023
FPD equipment market to bottom out in 2023 and recover with 153% rise in 2024
After peaking near US$21 billion of revenue in 2017, the market for capital equipment used to manufacture OLEDs and LCD panels has suffered from continuous annual declines as the...
Wednesday 12 July 2023
Innolux says India JV project still in progress
Innolux has said that its plan to join hands with the Vedanta Group to establish the first TFT LCD production line in India with mass production capability remains unchanged.
Wednesday 12 July 2023
Foxconn's decision to withdrawn from chip JV with Vedanta could have been avoided
Despite being the front-runner for India's semiconductor manufacturing incentive scheme, Foxconn decided to withdraw from the joint venture with Vedanta and is looking for new Indian...
Wednesday 12 July 2023
Foxconn says in talks with potential partners in India
Hon Hai Technology Group (Foxconn) has disclosed that the company is in talks with potential new partners in India, following its decision to cut ties with the Vedanta Group.
Tuesday 11 July 2023
Foxconn withdraws from chip JV with Vedanta
Days after Vedanta Limited acquired a 100% stake in Vedanta Group's semiconductor and display business, Foxconn said it quit its joint venture with Vedanta.
Tuesday 11 July 2023
Foxconn remains committed to expanding chip business in India
Foxconn Technology (Hon Hai Precision Technology) has announced that the joint ventures it set up with the Vedanta Group in India would become wholly owned by Vedanta, with Foxconn...
Monday 10 July 2023
Vedanta Limited takes full ownership of semiconductor JV with Foxconn
Vedanta Group announced an organizational rejig that put its semiconductor and display manufacturing business under Vedanta Limited.
Thursday 29 June 2023
Vedanta appointed CEO for display venture
Vedanta appointed a veteran in the display manufacturing industry to head its venture in the display panel and LCD assembling business in India.
Wednesday 19 April 2023
Vedanta expects to build India's first wafer fab by 4Q23
Vedanta, the front-runner among applicants for India's INR760 billion (US$92 billion) semiconductor and display fabs incentive scheme, is looking to begin chipmaking in 2027 and may...
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