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December 3, 2013
05:57 EDTTSEMTowerJazz announces MOU with Shanghai ICC
TowerJazz, the global specialty foundry leader, today announced the signing of a Memorandum of Understanding, or MOU, with Shanghai ICC, launching an exclusive partnership to offer Shanghai ICC’s customers TowerJazz's technical and manufacturing capabilities using its mixed-signal CMOS and power technologies, while expanding TowerJazz’s business opportunities in China. Shanghai ICC is a non-profit group formed by the Chinese government to help grow China’s emerging IC companies. Shanghai ICC has a large technical team and a number of EDA licenses. Through collaboration with Shanghai ICC, TowerJazz will increase its sales potential and technical support.
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