Search Results for: Tower semiconductor

Towering revenues

Posted on March 10, 2019

Another big Israeli company, Tower Semiconductors (TowerJazz) just reported an annual income of $1.3 billion. Tower manufactures wireless computer chips and camera sensors. Readers may remember I reported (14th Jan) that TowerJazz’s image sensors are on NASA’s sun probe. https://www.calcalistech.com/ctech/articles/0,7340,L-3756758,00.html

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TowerJazz opens sales & support office in Japan

Posted on July 6, 2014

Israeli integrated circuit manufacturer TowerJazz will open a new office in Kyoto, Japan to support its venture with Panasonic. TowerJazz Panasonic Semiconductor Company already has 3 factories in Japan. http://www.towerjazz.com/prs/2014/0701.html

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Towering deal with Panasonic

Posted on December 29, 2013

Israel’s Tower Semiconductor Ltd is to set up a joint venture with Panasonic Corporation to manufacture Panasonic’s products. The joint venture is expected to be worth a massive $400 million in sales to Tower annually. No wonder Tower’s share price … Continue reading →

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Tower expands into China

Posted on December 22, 2013

Israel’s Tower Semiconductor has signed a Memorandum of Understanding with Shanghai ICC Technology & Industry Promotion Center to expand the distribution of Israeli complementary metal–oxide–semiconductors into the Chinese market. (Originally in Globes) http://www.algemeiner.com/2013/12/04/israels-tower-semiconductor-shanghais-integrated-circuit-consortium-in-alliance/

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Micro screens for AR/VR

Posted on March 11, 2024

Israel’s Tower Semiconductor has partnered with China’s Tianyi Micro to develop the next generation OLED micro displays for Augmented and Virtual Reality systems. https://towersemi.com/2024/02/26/02262024/ https://towersemi.com/technology/cmos_image_sensor/ https://towersemi.com/technology/cmos_image_sensor/3d-gesture-control-face-recognition/

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Takeovers and exits

Posted on February 19, 2022

Intel is acquiring Israel’s Tower Semiconductor (TowerJazz) for $5.4 billion; Nintex of the US is acquiring Israel’s Kryon for $100 million; Israel’s Fireblocks acquired Israel’s First Digital for $100 million;

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An iToF camera

Posted on February 21, 2021

Israel’s Tower Semiconductor (reported here previously) and China’s OPIX have developed a Time-of-Flight (iToF) technology platform where sensors accurately measure the distance to an object. Its applications include 3D imaging, face recognition, Augmented Reality, industrial inspection and robotics. https://towersemi.com/2020/12/15/12152020/

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Medical chip for blood-tests

Posted on March 24, 2019

Israel’s Tower Semiconductor has developed a microfluidics Bio/CMOS chip for molecular in vitro diagnostics. The device, which is intended for blood test analyses, was developed in Tower’s partnership with Chinese biotech Axbio and is planned to go into production in … Continue reading →

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A $2.6 billion company

Posted on July 30, 2017

Israel’s Tower Semiconductor, which specializes in analog chips, has seen its share price double over the past year.  It is now valued at NIS 9.5 billion ($2.6 billion). First quarter profit rose nearly 60% to $45.5 million.  The demand for … Continue reading →

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Israeli business giants surge ahead

Posted on February 20, 2017

Israel’s Tower Semiconductor had a record year with 2016 revenue of $1.25 billion, up 30% over 2015 and profit of $204 million after a loss in 2015. But this was dwarfed by Israel’s Teva whose revenue was $6.5 billion in … Continue reading →

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