On May 25, Vedanta-Foxconn Semiconductors Limited (VFSL), a joint venture of Foxconn and Vedanta Group, announced the appointment of Mike Young as senior vice president, project management office and manufacturing operations.
Young will be in charge of overseeing manufacturing and operational processes as the company prepares to open its first semiconductor fab in India.
Young's appointment comes at a time when the billionaire Anil Agarwal-led company is on a global talent acquisition drive to attract leaders from the semiconductor industry.
"Mike Young brings with him 34 years of extensive experience in front-end semiconductor manufacturing across multiple geographies, including significant contributions to two high-volume startups," said David Reed, CEO of VFSL. "He will play a critical role in establishing best-in-class semiconductor manufacturing processes and operations," he continued.
Young joins Vedanta after a brief hiatus from his previous position as CEO of Singapore's Systems on Silicon Manufacturing Company (SSMC). Prior to this, he was the CEO of X-FAB Sarawak in Malaysia.
Young has "extensively worked" in operations, yield, and device engineering with global leaders such as X-FAB UK, STMicroelectronics, Siemens, Atmel, and Plessey Semiconductors, according to Vedanta. Throughout his career, he has "demonstrated excellence in the governance and control of high-performing facilities through a combination of effective man management, continuous improvement, cost control, and operational performance enhancement."