Zoho Corporation Drops 700m Chipmaking Venture Including 400m Karnataka Facility Over Lack Of Tech Partner Report

business zoho corporation drops 700m chipmaking venture including 400m karnataka facility over lack of tech p

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Zoho Corporation has scrapped its $700 million venture into chipmaking, including a $400 million Karnataka facility, due to the inability to find a suitable tech partner. The move comes amid co-founder Sridhar Vembu's warning of a structural shift in India's software industry.

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