Asia Express - East Asian ICT
Flextronics to Take Minority Stake in SemIndia
April 07, 2006
Flextronics recently announced that it will take a minority stake in SemIndia, a consortium which has plans to build a US$3 billion semiconductor plant in Hyderabad, India. This cooperation will also involve Flextronics manufacturing electronics products for SemIndia and SemIndia producing chips for Flextronics' manufacturing operations in India.