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Tower Semiconductor: Withdrew from India Wafer Fabrication Plant Construction Plan Five to Six Months Ago
2025-05-16 /
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Author：小编
Russell Ellwanger, the Chief Executive Officer of Israeli foundry Tower Semiconductor Ltd., has confirmed that the company withdrew from its plan to construct a wafer fabrication plant in India approximately five to six months ago. Recent reports indicating that the Adani Group has suspended a $10 billion project are inaccurate, as Tower Semiconductor never reached a formal agreement and consequently did not release any related news.
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