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Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

This agreement shows how IFS enables access to corridors of manufacturing capacity across Intel’s global factory network, including in the U.S., Europe, Israel and Asia Intel Foundry Services (IFS) and Tower Semiconductor, a foundry for analog semiconductor solutions, today announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally.
United States New Mexico Rio Rancho Stuart Pann Intel Foundry Services Tower Semiconductor

Tower Semiconductor, Intel Blames Chinese Regulatory Authorities Over Cessation of $5.4 Bn Agreement

CEO of Intel Pat Gelsinger traveled to China recently to discuss the matter with the government officials, but it turned to be successful After several months of heated discussions, the agreement between US based Chip giant Intel and Israel’s contract chip manufacturer Tower Semiconductor has ceased finally. According to media reports, the $5.4 billion agreement has been mutually terminated because they were constantly failing to grab regulatory approvals on time. 
United States Tel Aviv Benjamin Netanyahu Pat Gelsinger Tower Semiconductor Dupont De Nemours Inc

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