IR signs up for wafer manufacturing services

Edited by the Electronicstalk editorial team Sep 26, 2006

Tower has signed a definitive long-term foundry agreement with International Rectifier.

Tower has signed a definitive long-term foundry agreement with International Rectifier to produce semiconductor wafers for IR at Tower's most advanced facility, Fab2, using IR's proprietary technology.

The agreement is for high-volume wafer manufacturing.

"We chose Tower as a foundry partner following a rigorous evaluation process", said Dr Alex Lidow, International Rectifier's CEO.

"Tower's experience in successful technology transfers, combined with a can-do attitude and great engineering talent, made it the best choice for us".

"We are confident this foundry partnership will further strengthen our leading position in the market".

"We are thrilled that IR, the world leader in power management, chose Tower as a foundry partner", said Russell Ellwanger, Tower's CEO.

"Such a decision from a premier company in the semiconductor industry validates the capabilities of Tower's engineering and manufacturing teams".

"We look forward to many years of partnership and mutual success".