Reed was previously with NXP Semiconductors, the place he was Executive Vice President and General Manager of worldwide operations. He moved to NXP as a part of the merger with Freescale Semiconductor, the place he had served as Senior Vice President for manufacturing operations. Previously, David was Vice President and General Manager at GlobalFoundries.
Anil Agarwal, Chairman, Vedanta stated, “He has played a pivotal role in shaping the entire global semiconductor industry. His expertise and experience will be an asset as we embark upon this critical journey with Foxconn to help create a sustainable domestic electronic manufacturing ecosystem in India, in line with Prime Minister Narendra Modi’s vision of an AatmaNirbhar Bharat.”
“This venture is a watershed development for the global semiconductor industry, and I am excited to be part of it,” Reed stated in an announcement.
Reed started his profession at Texas Instruments in 1984, the place he served for 26 years in quite a lot of management roles the world over. He acquired his undergraduate diploma from Austin College, an undergraduate diploma in Chemical Engineering from Texas A&M University and an MBA from the University of Dallas.
In September 2022, Vedanta and Foxconn signed an MoU with Gujarat authorities to arrange India’s first semiconductor fab unit, a show fab unit, and a semiconductor assembling and testing unit within the state.
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Of the Rs 1.54 lakh crore funding, Rs 94,500 crore will probably be used to arrange a show fabrication manufacturing unit, whereas one other Rs 60,000 crore will probably be invested within the state to fabricate a semiconductor fabrication and outsourced semiconductor meeting and check (OSAT) unit.
Source: economictimes.indiatimes.com