Israeli business giants surge ahead

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 just one quarter!

http://www.globes.co.il/en/article-tower-posts-record-year-1001176737

http://www.globes.co.il/en/article-teva-q4-results-provide-badly-needed-boost-1001176763

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