Tower Semiconductor to take full ownership of Japan 300mm facility

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Tower Semiconductor Announces Plans to Expand 300mm Capacity in Japan to Support Strong Customer Demand

March 25, 2026 9:05 AM EDT

Planned expansion supports the TPSCo announced transition while strengthening Towers differentiated optical and photonics platforms and enabling growth across these high-value technology offerings

Migdal Haemek, Israel, March 25, 2026 - Tower Semiconductor (NASDAQ/TASE: TSEM), the leading foundry for high-value analog semiconductor solutions, today announced a strategic restructuring of its Japan operations, which are currently organized  under TPSCo (a Japanese company held 51% by Tower and 49% by Nuvoton Technology Corporation Japan (NTCJ), a fully owned subsidiary of Nuvoton Technology Corporation (TSEC: 4919)), under which Tower will take full... More