Tuesday, July 29, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BlackBerry Strengthens Its Mobile Security Portfolio With The Acquisition of Secusmart
IBM, ACS And AT&T Claim Breakthrough In Elastic Cloud-to Cloud Networking
HP Says Internet of Things Devices Are Vulnerable to Attack
China Starts Anti-monopoly Investigation On Microsoft
Apple's MacBook Pros Now Come With Faster processors And More Memory
Rhapsody Now Has 2 million Subscribers
LG Starts Selling Its 105-Inch Curved UHDTV
Motorola Said To Make Google's Next Phablet
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > General Computing > TowerJa...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, December 20, 2013
TowerJazz and Panasonic To Create Joint Venture for Manufacturing Panasonic Products


TowerJazz and Panasonic have signed of a definitive agreement to create a joint venture (JV) to manufacture Panasonic's products, using Panasonic's three semiconductor manufacturing facilities in Japan, as well as possible expansion of the current operations in those fabs.

Within the scope of the JV, Panasonic will transfer its semiconductor wafer manufacturing process and capacity tools of 8 inch and 12 inch at its Hokuriku factories (Uozu, Tonami and Arai) to the JV, commit to acquire its products from the JV for the volume production based on long term partnership between TowerJazz and Panasonic of at least five years, and will transfer to TowerJazz 51% of the shares of this JV.

In addition, in order to improve productivity of the compound semiconductor business and for the more efficient use of management resources, the laser diffusion processes at the company's Okayama Factory will be transferred to the Uozu District of the Hokuriku Factory. As a result, the company will end production at the Okayama Factory by the end of March, 2014. Employees of the Okayama factory are planned to be transferred and reassigned within the Panasonic Group, primarily within the Uozu District of the Hokuriku Factory.

Through the reforms, Panasonic's semiconductor business will start with the new structure in the fiscal year ending March 31, 2015. Panasonic says it will continue to expand the business globally and strive to develop products, focusing on the automotive and industrial fields.




Previous
Next
Calxeda To Shut Down        All News        New Toshiba Dual Camera Module Enables Simultaneous Output of Images and Depth Data
New Data Compression Method Outperforms JPEG     General Computing News      Spain Privacy Watchdog Fines Google

Get RSS feed Easy Print E-Mail this Message

Related News
Panasonic Seeks To Sell Its Mobile Base Station Business to Nokia
Panasonic Updates Toughpad FZ-G1 10-inch Tablet
Intel To Manufacture Future Panasonic SoCs Using Intel's 14nm Low-Power Process
Panasonic Releases Its 2014 Life+Screen AX800 Series 4K Ultra HDTVs
Fujitsu Buys Shares of Panasonic Information Technology Solutions
Panasonic, Samsung Debut Devices For Connected Classrooms
Panasonic Toughpad Line Gets Smaller And Tougher with Rugged Handheld Tablets
Panasonic Weakens Its Research Team
New Panasonic Lumix DMC-FZ1000 Comes With Fast lens And 4K Recording Capability
Toyota, Panasonic Cloud Service Links Cars to Home Appliances
Panasonic to Recall PC Batteries
New Panasonic MEGTRON 7 Circuit Board Material Has The Lowest Transmission Loss

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .