Intel Cancels Plans to Acquire Sensor and Semiconductor Maker Tower
Intel is walking away from its plans to acquire Tower Semiconductor, a chip and CMOS sensor manufacturer that Panasonic once owned a major stake in.
Intel is walking away from its plans to acquire Tower Semiconductor, a chip and CMOS sensor manufacturer that Panasonic once owned a major stake in.
Intel has announced that it will purchase camera sensor manufacturer Tower Semiconductor (formerly TowerJazz as of March, 2020) in a deal worth $5.4 billion.
Tower Semiconductor—the Israeli sensor manufacturer formerly known as TowerJazz—just dropped a significant hint that Nikon is using Tower sensors in two of its APS-C cameras. This is an interesting development, given that most Nikon cameras almost certainly use Sony sensors.
After a Nikkei report (and, later, an official press release) revealed that Panasonic would officially be selling off its semiconductor business, many people wondered what would happen to the joint venture with TowerJazz that constituted Panasonic's image sensor business. Now we know.
As Sony's mirrorless cameras continue to grow in stature and market share in the photo industry, Sony's dominance in the imaging sensor market gives it a big advantage. At least, that's what major imaging sensor competitor TowerJazz believes.