Tower Semiconductor Announces $3 Billion Expansion of Manufacturing Capabilities in Japan
Tower Semiconductor has announced plans to invest approximately $3 billion in expanding its 300mm Silicon Photonics (SiPho), SiGe, and advanced packaging manufacturing capabilities in Japan. The project includes repurposing the former Panasonic Arai facility and building a new site next to Fab 7 in Uozu. With support from $1 billion in Japanese government grants, Tower Semiconductor expects increased production capacity for emerging technologies like AI and data centers.
Tickers: $TSEM
Topics: advanced packaging Japan investment manufacturing expansion SiGe SiPho