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NEWS TAGGED TOWER SEMICONDUCTOR
Wednesday 6 September 2023
Intel strikes new foundry deal with Tower Semiconductor
Intel Foundry Services (IFS) and Tower Semiconductor have reached a new agreement in which IFS will provide foundry services and 300mm manufacturing capacity to assist Tower in serving...
Wednesday 30 August 2023
Intel acquisition breakdown: Clearing the path for Tower Semiconductor investment in India?
Intel recently terminating its US$5.4 billion deal to acquire Israel's contract chipmaker Tower Semiconductor after failing to obtain required regulatory approval from China is undoubtedly...
Thursday 17 August 2023
Intel foundry ambition hits a rock with Tower acquisition deal falling through
Failing to get approval from Chinese authorities for the US$5.4 billion deal to acquire Tower Semiconductor, Intel CEO Pat Gelsinger had to throw in the towel and call off the plan...
Thursday 17 August 2023
Geopolitical tensions impede Intel's Tower acquisition
Intel's inability to complete the acquisition of Tower Semiconductor was already anticipated as geopolitical risks intensified, according to sources at Taiwan-based pure-play found...
Wednesday 16 August 2023
Intel calls off Tower Semiconductor deal
Intel Corp officially called off the US$5.4 billion deal of Tower Semiconductor Inc. acquisition due to failure in obtaining approval from the Chinese authorities. The decision was...
Thursday 23 March 2023
Intel's acquisition of Tower Semiconductor expected to be completed in 1H23
After more than 12 months, Intel said the planned acquisition of Israel-based Tower Semiconductor might be delayed again and is expected to be completed by the first half of 2023.
Thursday 12 January 2023
India reportedly to approve Vedanta-Foxconn's chip fab project
India is reviewing three proposals from global semiconductor companies, among which the Vedanta-Foxconn JV may be the first to be approved thanks to its credibility in terms of technology...
Thursday 28 July 2022
Gujarat announced semiconductor incentives, first among Indian states
Amid a fierce tussle between India's state governments to woo chip plants, Gujarat announced India's first incentive scheme for semiconductor and display investments.
Thursday 26 May 2022
Concerns rising over potential foundry overcapacity in 2024
Despite chip demand showing signs of a downturn since the start of 2022, the capacity expansion spree at foundry houses seems unstoppable, sparking concerns that overcapacity may...
Thursday 24 March 2022
Samsung, Intel keen to take slices of foundry market from TSMC
Samsung Electronics and Intel have both stepped up efforts to expand their respective foundry businesses, eyeing bigger slices of the global foundry market particularly in the advanced...
Friday 18 February 2022
Industry watch: Intel's acquisition of Tower heating up semiconductor race
The Israeli government will not object to Intel's plan to purchase Israel-based Tower Semiconductor for US$5.4 billion, as this is an expansion of Intel's investment in Israel. If...
Wednesday 16 February 2022
Intel to expand foundry biz with Tower Semiconductor acquisition
Intel has announced plans to acquire Tower Semiconductor, an Israel-based analog IC foundry, for US$53 per share or a total of approximately US$5.4 billion in cash.
Tuesday 9 June 2009
Global IC foundry market set to rise in 2Q09, says iSuppli
The pure-play foundry semiconductor manufacturing industry is estimated to record robust growth in the second quarter of 2009, following three quarters of contraction, according to...
Monday 22 September 2008
Tower Semiconductor completes merger with Jazz Technologies
Tower Semiconductor, an independent specialty wafer foundry, has announced the completion of its merger with Jazz Technologies, a leader in analog-intensive mixed-signal (AIMS) foundry...