Israeli TowerJazz Semiconductor buys Texas foundry for $40 million

Tower Semiconductor Ltd., a global specialty foundry, which markets its products as TowerJazz, has signed an agreement with Maxim Integrated Products, Inc. to purchase Maxim’s 8-inch fabrication facility More...

Idan Ofer to pay Israel Corp. CEO $8 million bonus

Nir Gilad and other Israel Corp. executives will receive $14.3 million in bonuses from Ofer’s private company. –   Israel Corporation (TASE: ILCO) CEO Nir Gilad is expected to receive an $8 More...

Israel’s TowerJazz to Establish New Office in Kyoto, Japan

– New office to support local Japanese business and activities including venture withTowerJazz Panasonic Semiconductor Company, increased capacity and growing activity in APAC region.   Global More...