DONEWS, February 15 (Liu Wenxuan) Intel announced the acquisition of Israeli foundry Tower Semiconductor at a price of $53 per share, totaling about $5.4 billion.

  

  CEO Pat Gelsinger said that Tower’s technical reserves, market scope, and customer relations will help expand Intel’s wafer foundry services and make Intel an important provider of wafer foundry services worldwide.

  Tower Semiconductor acquired Jazz Semiconductor in the United States in 2008, Micron’s wafer factory in Japan in 2011, a wafer manufacturing company with Panasonic in 2014, Maxim’s wafer factory in Texas in 2016, etc. There are wafer factories in Israel, California, Texas, Japan and other places, and 6-inch, 8-inch and 12-inch wafers are manufactured by various processes for supply.

  Last year, Intel announced that it would join the wafer foundry and set up a new department called "Intel Wafer Foundry Service" (IFS). This will combine Intel’s manufacturing process and packaging technology, as well as the production capacity supply in Europe and America, to provide customers with customized products production services.

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