Article: United kingdom : Intersil Signs MOU with Tower Semiconductor for Co-Development and Manufacturing of Next-Generation Power Management Platform.

Byline: shiv03

Intersil Corporation a world leader in the design and manufacture of high-performance analog and mixed-signal semiconductors, and Tower Semiconductor, Ltd. (Nasdaq: TSEM)(TASE: TSEM), a leading global specialty foundry, announced they will work together to develop a new high-performance power management specialty process technology platform. A Memorandum of Understanding (MOU) has been signed by the companies which shall be followed by a formal agreement. The multi-year agreement will combine Tower s technology expertise with Intersil s design and process technology capabilities to provide Intersil with a powerful and innovative platform, ...

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