Intel Working to Buy Tower Semiconductor For $6 Billion

Intel is preparing to purchase Tower Semiconductor for $5 billion, the latest move in the company’s attempt to regain its standing in the industry.

Nuvoton Purchasing Panasonic Semiconductor Business For $250 Million

Nuvoton Technology Corporation announced in a press release that it was purchasing Panasonic Semiconductor Solutions’ (PSCS) semiconductor business to the tune of $250 million. Panasonic has been aggressively trying to cut $920 million by the year ending March 2022. Its…