Tokyo, July 14 (Jiji Press)--Japan's industry ministry said Tuesday that it will provide up to 159 billion yen in subsidies to the Japanese unit of Israel's Tower Semiconductor Ltd. Tower Partners Semiconductor Co., based in Toyama Prefecture, central Japan, plans to

Tokyo, July 14 (Jiji Press)--Japan's industry ministry said Tuesday that it will provide up to 159 billion yen in subsidies to the Japanese unit of Israel's Tower Semiconductor…

Tower Semiconductor will spend about $3bn expanding 300mm silicon photonics capacity in Japan, net of $1bn in grants from the Japanese government.