Large scale integrated circuits have been produced in Hokuriku Japan fabrication facilities for over 30 years.

Panasonic transferred its semiconductor manufacturing process and capacity tools of 8 inch and 12 inch wafers at its Hokuriku factories (Uozu, Tonami and Arai) to TPSCo, committing to acquire its products from TPSCo for a long-term period of at least five years of volume production.

TPSCo will continue the production of Panasonic’s semiconductor processes as Panasonic’s subcontractor as well as seek to expand operations by leveraging TowerJazz’s customers and businesses to capture out-of-group sales.