Tower Semiconductor to acquire full control of TPSCo's 12-inch business, aiming for fourfold capacity expansion.

Wednesday, Mar 25, 2026 10:09 am ET1min read
TSEM--

Tower Semiconductor will assume full control of TPSCo's 12-inch business, aiming for a fourfold capacity boost. The deal with Nuvoton Technology restructures Tower Partners Semiconductor's operations, with TPSCo continuing to operate as a subsidiary. Tower will own and control the 12-inch fab and foundry business.

Tower Semiconductor to acquire full control of TPSCo's 12-inch business, aiming for fourfold capacity expansion.

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