Hon Hai, HCL break ground on NT$13.1 billion chip plant in India

Hon Hai Technology Group (鴻海科技集團) and India-based HCL Group held a groundbreaking ceremony for their joint-venture semiconductor facility in India on Saturday.

The joint venture company, India Chip Pvt Ltd, located in Greater Noida in the Indian state of Uttar Pradesh, will operate as an OSAT (outsourced semiconductor assembly and test) facility and is expected to be operational by 2028, according to Indian media Hindustan Times and the Times of India.