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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.
Gpixel and Tower Semiconductor have launched the GTOF0503, an innovative indirect Time of Flight (iToF) sensor for 3D imaging, addressing a rapidly growing market estimated at ~$4 billion. This sensor features a resolution of 640 x 480 pixels, offering superior performance in depth sensing and distance measurement applications. With advanced capabilities such as integrated light control and high-speed interfaces, the GTOF0503 is designed for diverse sectors including robotics and automotive. The market for such sensors is projected to reach ~$8 billion by 2025, highlighting significant growth potential.
Tower Semiconductor (NASDAQ: TSEM) will release its Q1 2021 earnings on May 12, 2021. A conference call to discuss these results and Q2 guidance will follow at 10:00 a.m. ET.
The call will be accessible via webcast or by phone. Tower Semiconductor is a leading foundry specializing in high-value analog semiconductor solutions, operating facilities in Israel, the U.S., and Japan.
Tower Semiconductor announced its innovative galvanic capacitor technology integrated with its 0.18um power management platforms. This technology enables up to 12kV isolated gate driver and digital isolator ICs, targeting a $1 billion market in electrical vehicles, green power, and industrial sectors. Lead customers are already prototyping applications such as battery chargers and motor drivers. The new approach enhances safety and efficiency while reducing costs and size by integrating the isolator into the design, eliminating the need for extra components.
Tower Semiconductor (NASDAQ/TASE: TSEM) announced its participation in the 2021 SEMICON China conference from March 18-19 in Shanghai. Mrs. Yuna Cai will present on 'Advanced High Voltage Bulk & SOI Technologies for Smart Power Applications' on March 19, focusing on innovative solutions for the evolving 5G market. This presentation will showcase Tower's power management platform designed to meet both local and global specifications.
Tower Semiconductor (NASDAQ/TASE: TSEM) announced an upcoming webinar on March 24, 2021, titled "Automotive Excellence – From Design to Volume Production". The session will cover the company's automotive foundry program, focusing on analog technology platforms, design enablement, and a zero-defect quality methodology tailored for the automotive sector. Key presentations will be provided by senior executives, offering insights into Tower's capabilities in meeting the stringent requirements of the automotive industry.
Tower Semiconductor (NASDAQ: TSEM) reported strong financial results for Q4 2020, with revenues of $345 million, marking an 11% increase quarter over quarter and a 13% increase year over year. The company anticipates a 15% revenue growth for Q1 2021, driven by robust demand and a capacity expansion of 200mm and 300mm. Organic growth reached 20% q/q and 17% y/y. Net profit stood at $31 million, up from $15 million in the prior quarter. Tower highlights positive customer forecasts and expects sequential growth throughout 2021, positioning itself for a record revenue year.
Tower Semiconductor (NASDAQ/TASE: TSEM) announced its participation in the DARPA LUMOS program, focusing on creating an integrated-laser-on-silicon photonics process. This initiative, supported partially by DARPA, aims to enhance high-speed communications through a combination of III-V laser diodes and Tower's PH18 production silicon photonics platform.
The project targets improved laser density, reduced coupling losses, and simplified packaging, enabling the development of new products for commercial and defense applications.
Tower Semiconductor (NASDAQ/TASE: TSEM) and Alpine Optoelectronics have commenced production of the 400G PAM4 nCP4™ optical engine using Tower's PH18 Silicon Photonics technology. This chip facilitates high-speed data transfer in data centers by converting 56Gbaud electrical input into optical output for 400Gbps DR4 transceivers. The market for Silicon Photonics-based optical transceivers is anticipated to grow at an annual rate of 45%, reaching a size of 3.9 billion USD by 2025. Tower's platform features optical components that enhance photonic product development.
Tower Semiconductor (NASDAQ: TSEM) has announced the ramp-up to mass production of GMEMS MEMS microphones at its 0.18um flow, specifically developed for GMEMS products. This strategic partnership aims to meet the growing demand for advanced microphones in the earbuds and cellphone markets. The MEMS microphone market is projected to grow from $1.2B in 2019 to $1.7B by 2024, reflecting a CAGR of 6.6%. Tower's manufacturing capabilities ensure high volume production and reliability, enhancing GMEMS's market position with smaller, advanced microphone solutions.
Tower Semiconductor (NASDAQ: TSEM) and Opix have developed a cutting-edge iToF technology platform for 3D imaging and face recognition, designed for various fast-growing markets including mobile and AR/VR. This innovative sensor, currently in prototyping, features a 5µm pixel array with 640x480 resolution and utilizes advanced pixel-level stacked BSI technology. The product is expected to meet the rigorous demands of 3D imaging applications, demonstrating Tower's commitment to leading in imaging solutions. This collaboration highlights the company's capabilities in high-performance analog semiconductor solutions.
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