Tower Semiconductor gains full ownership of TPSCo’s 12-inch Uozu fab; Nuvoton Japan pays $25 million for TPSCo’s 8-inch Tonami business

Reuters03-25

Tower Semiconductor gains full ownership of TPSCo’s 12-inch Uozu fab; Nuvoton Japan pays $25 million for TPSCo’s 8-inch Tonami business

Tower Semiconductor, Nuvoton Technology Corporation Japan, and Tower Partners Semiconductor entered into a framework agreement to restructure TPSCo’s business operations.
Upon closing, Tower Semiconductor will gain full ownership and operational control of TPSCo’s 12-inch fab and foundry business, while TPSCo’s 8-inch fab and foundry business will remain within TPSCo as a wholly owned subsidiary of Nuvoton Technology Corporation Japan.
Nuvoton Technology Corporation Japan will pay $25 million to Tower Semiconductor on the closing date.
The transaction is expected to close on April 1, 2027, subject to customary closing conditions and receipt of applicable regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tower Semiconductor Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-001693), on March 25, 2026, and is solely responsible for the information contained therein.

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