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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: TSEM) is set to release its Q1 2022 earnings on May 16, 2022. Due to its ongoing transaction with Intel, the company will not provide guidance for the second quarter and will forgo hosting an earnings conference call. Tower Semiconductor specializes in high-value analog semiconductor solutions and operates multiple manufacturing sites, aiming to positively impact various markets, including automotive, medical, and industrial sectors.
Tower Semiconductor Ltd. (Nasdaq: TSEM) announced on April 25, 2022, that its shareholders approved the Merger Agreement with Intel Corporation. This acquisition will see Tower become a wholly owned subsidiary of Intel, with shareholders receiving $53.00 in cash per share. The transaction is subject to regulatory approvals and closing conditions. The EGM's approval is a significant step towards the merger, which aims to enhance Tower's position in the semiconductor industry.
Tower Semiconductor (NASDAQ: TSEM) reported significant financial growth for the fourth quarter and full year of 2021. Q4 revenue reached $412 million, a 19% increase year-over-year, while full-year revenue was $1.508 billion, also reflecting 19% growth compared to 2020. The company achieved a net profit of $52 million in Q4, translating to $0.48 EPS, up 67% year-over-year. Additionally, cash flow from operations totaled $134 million in Q4 with a full-year total of $421 million. Guidance for Q1 2022 was not provided.
Intel Corporation is set to acquire Tower Semiconductor for
Tower Semiconductor (NASDAQ: TSEM) will release its fourth quarter and fiscal year 2021 earnings on February 17, 2022. A conference call to discuss the financial results and first-quarter 2022 revenue guidance will take place at 10:00 a.m. ET on the same day. The call will be accessible via webcast and through phone, with a replay available for 90 days. Tower Semiconductor specializes in analog semiconductor solutions and operates several manufacturing facilities in Israel, the U.S., Japan, and Italy, focusing on serving diverse markets including automotive and medical.
Tower Semiconductor (NASDAQ: TSEM) and Juniper Networks (NYSE: JNPR) have launched the world’s first silicon photonics foundry-ready process, integrating III-V lasers, amplifiers, modulators, and detectors. This innovation enhances optical connectivity for datacenters and telecom networks and supports AI and LiDAR applications. The silicon photonics transceiver market is projected to grow at a CAGR of 40%, exceeding $5B by 2025. Process design kits will be available by year-end, with 400Gb/s and 800Gb/s photonic integrated circuits expected in Q2 2022.
Tower Semiconductor (NASDAQ: TSEM) reported record revenue of $387 million for Q3 2021, achieving a 25% year-over-year growth, with 40% organic growth. Gross profit surged by 60% YoY to $85 million, while net profit reached $39 million, up 157% YoY. The company generated $107 million in cash from operations and repaid $29 million in debt. For Q4 2021, Tower guides revenue to $410 million, indicating 19% total growth and 26% organic growth. CEO Russell Ellwanger expressed confidence in sustained growth, projecting a revenue run rate exceeding $1.6 billion for the year.
Tower Semiconductor has partnered with Anello Photonics to introduce a new low-loss Silicon Optical Waveguide technology designed for diverse applications including automotive LiDAR, bio-sensing, quantum computing, and artificial intelligence. This innovative process achieves 0.005dB/cm propagation loss at 1550nm wavelengths, significantly outperforming existing methods. The partnership, ongoing for 18 months, aims for commercialization in Q1 2022, potentially revolutionizing the optical device market.
Tower Semiconductor (NASDAQ/ TASE: TSEM) is set to release its third quarter 2021 earnings on November 08, 2021. A conference call will follow at 10:00 a.m. Eastern Time to discuss financial results and fourth quarter guidance. This call can be accessed via its website or through specific phone numbers provided. Tower Semiconductor is a foundry specializing in high-value analog semiconductor solutions, catering to various industries including automotive and medical.
Tower Semiconductor (NASDAQ/TASE: TSEM) announced its 2021 Technical Global Symposium, showcasing advanced analog technology platforms for various markets including communication, automotive, medical, and AI. Executives will discuss innovations in RF & High-Performance Analog, Power Management, and Sensors. The company aims to address rising market demands with its manufacturing capabilities and growth programs. Sessions will include insights on technologies for optical transceivers, LiDAR, and sensor solutions.
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