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Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM) is a leading global manufacturer of analog integrated circuits, catering to over 300 customers worldwide. The company operates in diverse and rapidly growing markets such as consumer electronics, automotive, medical, industrial, and aerospace & defense. Tower Semiconductor specializes in advanced specialty technologies, including radio frequency (RF), high performance analog (HPA), integrated power management, CMOS image sensors, and mixed-signal/CMOS, as well as micro-electro-mechanical systems (MEMS) capabilities.
To support its customers' design needs, Tower Semiconductor provides world-class design enablement tools that ensure a swift and efficient design process. Additionally, the company offers Transfer Optimization and Development Process Services (TOPS™) to IDMs and fabless companies, helping them expand their capacity or secure second sourcing.
Tower Semiconductor operates several state-of-the-art manufacturing facilities across the globe. These include two fabs in Israel (150mm and 200mm), two in the U.S. (200mm), and three in Japan (two 200mm and one 300mm) through TowerJazz Panasonic Semiconductor Co. (TPSCo). This extensive network ensures multi-fab sourcing and global capacity assurance for their customers.
Recent achievements highlight Tower Semiconductor's commitment to innovation and excellence. The company continues to push the boundaries of analog technology, creating sustainable and long-lasting partnerships with clients. Their cutting-edge process platforms include SiGe, BiCMOS, mixed-signal/CMOS, RF CMOS, CMOS image sensor, non-imaging sensors, integrated power management (BCD and 700V), and MEMS. Tower Semiconductor is also known for its reliable design and technical support, assisting clients from the initial design phase through to full-scale manufacturing.
For the latest updates and detailed financial information about Tower Semiconductor, you can visit their official website or contact their Investor Relations team.
Tower Semiconductor (NASDAQ/TASE: TSEM) is set to release its first quarter 2023 earnings on May 15, 2023. In a recent announcement, the company stated that it will not provide guidance for the second quarter of 2023 and will not hold an earnings conference call due to its ongoing transaction with Intel. Tower Semiconductor is recognized as a leading foundry specializing in high-value analog semiconductor solutions, catering to various growth sectors including consumer, industrial, automotive, and medical markets. The company operates multiple manufacturing facilities globally, ensuring extensive sourcing and capacity for its products. For further information, visit towersemi.com.
Tower Semiconductor (NASDAQ/TASE: TSEM) and Teramount have announced a collaboration to advance optical connectivity solutions for high-bandwidth applications. Utilizing Teramount's ‘PhotonicPlug’ technology and Tower’s ‘Bump-ready’ silicon photonic wafers, this partnership aims to simplify assembly and improve scalability in data transport solutions for datacenters and telecom networks. The ‘Bump-ready’ wafers integrate seamlessly with the ‘PhotonicPlug’ connectors, addressing critical bottlenecks in the adoption of silicon photonics. This innovation is set to enhance the production of devices like transceivers and high-bandwidth switches, essential for emerging applications in AI and sensors.
Tower Semiconductor (NASDAQ/TASE: TSEM) announced the world’s first integration of GaAs quantum dot lasers on its silicon photonics platform, PH18DB, aimed at enhancing optical transceiver modules for data centers and telecom networks. The market for silicon photonics transceivers is projected to grow at CAGR of 24%, reaching $9B by 2025. This new platform incorporates a semiconductor optical amplifier, enabling dense photonic integrated circuits on a single silicon chip. Initial process design kits are available through a partnership with DARPA, with multi-project wafers planned for 2023-2024. Tower will exhibit this technology at the Optical Fiber Conference on March 7-9, 2023.
Tower Semiconductor (NASDAQ: TSEM) announced a strong financial performance for full year 2022, with revenue reaching $1.68 billion, an 11% increase from $1.51 billion in 2021. The net profit surged 76% to $265 million, translating to a 16% net margin. In Q4 2022, revenue was $403 million, slightly down from $412 million in the previous year, yet organic revenue rose by 6%. The report also highlighted a 42% increase in gross profit year-over-year.
Despite restructuring due to the cessation of Arai's operations, the company reported operating profit of $99 million in Q4 2022, marking 77% growth year-over-year.
Tower Semiconductor (NASDAQ: TSEM) announced it will release its Q4 and fiscal year 2022 earnings on February 16, 2023. The company, a leading foundry for high-value analog semiconductor solutions, will not provide guidance for Q1 2023 and will not hold an earnings conference call, following a transaction with Intel. Tower Semiconductor specializes in integrated circuits for diverse markets including consumer, automotive, and medical. With facilities in Israel, the U.S., Japan, and Italy, the company focuses on advanced and innovative analog technology and design enablement.
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