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GT Voice: China's caution toward chip merger reasonable, essential

Intel on Wednesday terminated its $5.4 billion acquisition of Tower Semiconductor, a development Western media outlets pointed out was mainly due to failure to secure regulatory approval in China. The incident has triggered another wave of Western speculation and concerns over China s anti-monopoly review amid US-China technology tensions.
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United States , United Kingdom , Tower Semiconductor , Newport Wafer Fab ,

Intel terminates plan to buy Tower Semiconductor

Intel, which signed a deal to buy Tower last year, will pay a termination fee of $353 million to the latter, according to a statement. ....

Tower Semiconductor , World News ,