• 11/11/2024

Intel ends deal to buy Tower Semiconductor after failure to gain Chinese regulatory approval

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

Intel has cancelled its plans to buy Israeli foundry Tower Semiconductor after the deal failed to get approval from Chinese regulators ahead of a final deadline amid souring Sino-US relations.

https://www.scmp.com/tech/tech-war/article/3231304/intel-ends-deal-buy-tower-semiconductor-after-failure-gain-chinese-regulatory-approval?utm_source=rss_feed