Tower Semiconductor is investing up to $3 billion, with support from Japan's Ministry of Economy, Trade and Industry (METI), to expand its silicon photonics and advanced packaging operations in Japan. The plan involves reviving a shuttered Panasonic-era fab for 300mm silicon photonics production, expected to be ready by late 2027. This expansion is crucial for Tower's revised business model, which projects $3.6 billion in revenue and $1.2 billion in net profit by 2028, driven significantly by silicon photonics revenue. AI
IMPACT Expansion of silicon photonics capacity could accelerate AI hardware development and deployment.
RANK_REASON Significant investment in semiconductor manufacturing infrastructure with government backing.
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- Arai fab
- Japan
- Meti
- Nuvoton Technology Corporation Japan
- Panasonic Holdings Corporation
- Rapidus Corporation
- Russell Ellwanger
- Tower Semiconductor Ltd.
- Toyama Prefecture
- TPSCo
- Uozu
- silicon photonics
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