Thursday, Vedanta-Foxconn Semiconductors Limited (VFSL) named Mike Young senior vice president of its project management office and manufacturing operations.
Young has nearly three and a half decades of experience in his field. Young will supervise manufacturing and operational processes at Vedanta as the company prepares to establish its first semiconductor facility in India.
His appointment at VFSL follows a sabbatical from his previous position as CEO of Singapore’s Systems on Silicon Manufacturing Company (SSMC). Previously, he was the CEO of X-FAB Sarawak, Malaysia.
Vedanta’s semiconductor business is led by senior VP Mike Young.
Young has worked “extensively” in the fields of operations, yield, and device engineering for global leaders such as X-FAB UK, STMicroelectronics, Siemens, Atmel, and Plessey Semiconductors, according to a statement from Vedanta.
“Throughout his career, the veteran of the industry 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…,” the announcement continued.
Young, commenting on his appointment, stated that “the global semiconductor industry is projected to reach a trillion dollars in the next decade, and India is on the cusp of becoming a major player in the semiconductor industry.”
Young’s appointment comes at a time when Anil Agarwal-led Vedanta has been aggressively recruiting talent from the global semiconductor industry.
David Reed, an industry veteran who served as executive vice president and general manager of global operations at Dutch semiconductor manufacturer NXP Semiconductors, was appointed CEO in February. Lawrence (Wong Chee Yoong) joined Vedanta in April 2023 as Senior Director — Human Resources. He was previously the global strategic director for semiconductor and technology practices at Lighthouse Global Resources.