Another source, who has been monitoring the deal closely, said STMicroelectronics wants to exit the joint venture after “5-10 years during which it can complete technology transfer,” the Vedanta-Foxconn combine wants the European chipmaker to stay on for longer.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/A2CqQJz
Wednesday, April 12, 2023
Vedanta-Foxconn’s fab joint-venture talks with STMicro hit a bump
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