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Tower Semiconductor and Adani Group are collaborating to build a $10 billion chip facility in Maharashtra, India. This ambitious project aims to boost domestic production of analog circuits and wafers, with initial output set at 40,000 wafers per month. Once fully operational, the plant will create over 5,000 jobs and enhance India’s semiconductor market presence.

DigitalBridge has initiated a tender offer to acquire Japanese tower firm JTower, offering a 152% premium valued at JPY93 billion ($630 million). This strategic move aims to address growing pressures in the telecommunications sector from the deployment of Beyond 5G and 6G technologies. With NTT and NTT Docomo tendering their stakes, the acquisition promises enhanced infrastructure-sharing capabilities.