UP's Jewar gets Rs 3,706 crore HCL-Foxconn display chip manufacturing plant

On May 14, the Union Cabinet approved a semiconductor plant at Jewar in Uttar Pradesh, which will be established through a joint venture between HCL and Foxconn. The investment amounts to Rs 3,706 crore and aims to manufacture display driver chips utilised in mobile phones, laptops, and automobiles. According to Information and Broadcasting Minister Ashwini Vaishnaw, the plant will process 20,000 wafers each month, producing approximately 3.6 crore chips monthly. He explained that these driver chips are essential for controlling the quality and format of content displayed on screens of various devices.

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