India approves HCL-Foxconn joint venture semiconductor unit
Technology
India approves HCL-Foxconn joint venture semiconductor unit
NEW DELHI (Reuters) - India's cabinet on Wednesday approved a new semiconductor unit, a joint venture between HCL Group and Foxconn (2317.TW), costing 37.06 billion rupees ($434.72 million) and to be located in the northern state of Uttar Pradesh, information minister Ashwini Vaishnaw said.
