Vedanta-Foxconn chip JV to generate sales by FY27
In an interview with chief executive of the Vedanta Foxconn venture David Reed, and Akarsh Hebbar, managing director of Vedanta’s semiconductors, mentioned some important points.
David Reed:
Foxconn has access to production-worthy high-volume manufacturing for 40nm nodes. It is signed, sealed, and accessible to us. We have started negotiations with the suppliers and with Foxconn.
The 40nm is the basis, and on top of that drops, the 28nm. The interchangeability between those two is about 80-85%. This technology is mainstream and automotive grade, which is very critical. We will start off with the basic logic and microprocessors and controllers.
We start off with a 5000 wafer-a-month capacity of 40 nm semiconductors. This capacity will be ramped up to 40,000 wafers a month. It’d be fungible between 40 nm and 28 nm. So we want to eventually have 28 nm production as much as possible because customers looking at cost reduction would shift from 40 to 28 nm nodes.
Akarsh Hebbar, managing director of Vedanta's semiconductor and global display business, said the equity structure of the venture would not change and that they had inked an agreement with a technology partner for the semiconductor fab unit
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