# Tower Semiconductor and STMicroelectronics to share new fab in Italy

Tower Semiconductor signed an agreement with STMicroelectronics to share a new fab built in Agrate Brianza, Italy, tripling Tower's 300mm production capacity. Tower will invest over $500 million in equipment, with production expected in the second half of 2022.

- Type: Partnership
- Announced: 2021-06-24
- Where: Agrate Brianza, Italy, Italy
- Value: $500.0M
- Status: announced
- Capacity: triples Tower's 300mm production capacity
- Products: 130nm, 90nm, 65nm smart power, analog mixed signal, RF processes
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Tower Semiconductor](https://endata.com/companies/16113.md) (partner)
- [STMicroelectronics](https://endata.com/companies/21952.md) (partner)

## Sources

- [en.globes.co.il](https://en.globes.co.il/en/article-tower-to-triple-300mm-production-capacity-1001375779), 2021-06-24: "We have said for a long time that we are looking to enlarge our production capacity in order to supply demand and that was before the huge demand this year and at the moment."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.