Foxconn to set up a semiconductor design centre – To make chipsets for electric vehicles

The world’s largest electronics contract manufacturer, Foxconn, is making a conscious effort to transition beyond pure manufacturing. It is promoting a ‘3 plus 3’ initiative, pivoting to three emerging industries — EVs, robots and digital healthcare. The development of electric vehicles is central to that initiative, as it is building an EV supply chain.  

And as part of those efforts, the Taiwan-based manufacturing giant has decided to set up a semiconductor design centre. 

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