TowerJazz has received the first payment of $18 million under its agreement with Tacoma Technology and Tacoma (Nanjing) Semiconductor Technology which makes binding their earliet agreement to set up an 8-inch fab in Nanjing. The fab will be funded by Tacoma, the Nanjing Economic and Technology Development Zone through its Administration Committee, Credito Capital and other potential ...
This story continues at TowerJazz gets go-ahead for Nanjing fab
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