July 14 : Israeli chipmaker Tower Semiconductor said on Tuesday it will invest $3 billion to bolster chip manufacturing in Japan, including $1 billion in grants from the Japanese government.U.S.-listed shares of the company rose more than 18 per cent in premarket trading after the announcement, which is expec

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.