Foxconn drops out of another big factory deal, this time in India
Foxconn drops out of another big factory deal, this time in India Illustration by Alex Castro / The VergeiPhone assembler Foxconn is dropping out of a $19.5 billion deal with a major Indian company to build a semiconductor factory in the country, according to Reuters. The canceled Foxconn deal was part of a joint venture with the large oil and metal corporation Vedanta.
Foxconn provided a vague explanation as ...