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Tower signs Korea chip deal
The chip provides AC to DC conversion for next generation industrial LED lighting and large panel consumer LCDs.
Adi Ben-Israel, Globes[online] 15 Sep 09
One week after "Globes" reported that independent foundry Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) had signed several deals in Korea -- only one of which will be announced -- Tower reported that it will jointly develop a 700V power platform with Korean chip design firm GrandTek, and that Korean fabless chip developer SemiHow had already signed on as an early adopter to use Tower’s 700V power platform for AC to DC conversion targeting the industrial LED lighting market.
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