Tower Semiconductor and Nuvoton Technology Corporation Japan Announce Strategic Business Restructuring of TPSCo
Tower Semiconductor and Nuvoton Technology Corporation Japan have agreed on a strategic restructuring of their joint venture Tower Partners Semiconductor Co., Ltd. (TPSCo). Under the agreement, Tower Semiconductor will acquire full ownership and operational control of TPSCo's 12-inch fabrication facility, while the 8-inch fab will become a wholly o…