Tower Semiconductor plans three temporary shutdowns at Newport Beach site
According to a WARN filing, 699 employees will be impacted by three week-long furlough periods
News - Tower Semiconductor
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Eighteen semiconductor fab proposals submitted to Indian government
Plans result from government scheme to boost chip production in the country
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Tower Semiconductor submits plan for $8bn Indian chip fab under government’s support scheme
If approved, the plant will produce 65nm and 40nm chips
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Intel to provide US foundry services to Tower Semiconductor
After it failed to acquire the Israeli business
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Semiconductor consortium ISMC plans $3bn chip fab in India
Co-partner Tower Semiconductor is set to be acquired by Intel, giving it a presence in India
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Italy plans $4.6bn chip fund, in effort to win Intel semiconductor fab
Could cover up to half of Intel's $9bn investment
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Intel to acquire Tower Semiconductor for $5.4 billion, in boost for foundry business
Gaining a greater share of the older, bigger node business
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India approves $10 billion plan to attract semiconductor and display manufacturers
Will fund up to half of a chip fab's construction costs