Tower record 1Q22 revenues of $421 Million, a 21% YoY
May 20, 2022Tower Semiconductor reported first quarter 2022 revenue of USD 421 million, an increase of 21% compared to USD 347 million in the first quarter of 2021.
BayaTronics opens new manufacturing facility
May 05, 2022BayaTronics, a supply chain and manufacturing solutions partner located in Concord, North Carolina, has purchased a complete Juki line for its new facility.
What does Intel gain from acquiring Tower? – Quite a lot
May 03, 2022On February 15, Intel officially confirmed that it will acquire Tower Semiconductor, the industry’s ninth largest foundry, for USD 5.4 billion. But, what kind of capacity gain comes with acquiring the ninth biggest player in the field?
Tower shareholders approve Intel merger
April 26, 2022At its extraordinary general meeting, the shareholders of Tower Semiconductor voted to approve Intel's acquisition of the foundry.
Localisation of chip manufacturing rising
April 25, 2022According to TrendForce, Taiwan is crucial to the global semiconductor supply chain, accounting for a 26% market share of semiconductor revenue in 2021, ranking second in the world. Its IC design and packaging & testing industries also account for a 27% and 20% global market share, ranking second and first in the world, respectively. Firmly in the pole position, Taiwan accounts for 64% of the foundry market.
Wafer capacity to climb 8.7% as 10 new fabs enter production
April 22, 2022The volatile nature of the IC industry is reflected by large swings in annual wafer starts, says IC Insights. Over the past five years, for example, annual wafer start growth rates have ranged from -4.7% in 2019 to 19.0% growth in 2021.
Strong earthquake hits northeastern Japan
March 17, 2022A powerful magnitude 7.3 earthquake occurred off the coast of Fukushima, Japan on the evening of March 16. Most of northeastern Japan is a production center for global upstream semiconductor raw materials.
Top 10 foundries post record 4Q21 performance
March 14, 2022The output value of the world’s top 10 foundries in 4Q21 reached USD 29.55 billion, or 8.3% growth QoQ, according to TrendForce’s research.
Foundry market expected to logg 20% growth in 2022
March 09, 2022After dropping 2% in 2019, the foundry market logged a strong 21% rebound in 2020 as application processor and other telecomm device sales into 5G smartphones acted as strong drivers, reports IC Insights.
Intel's acquisition of Tower – two birds with one stone
February 16, 2022Intel officially confirmed on February 15 that it will acquire Israeli foundry Tower Semiconductor for nearly USD 6 billion, and the deal will likely contribute to the growth of Intel’s foundry business if it closes successfully, TrendForce reports.
Intel to acquire Tower Semiconductor for $5.4 billion
February 15, 2022Following media reports about a potential acquisition, Intel announces that it has reached a definitive agreement under which the US chipmaker will acquire Tower for USD 5.4 billion.
DSM invests in storage tower from Juki
January 28, 2022Juki Automation Systems (JAS), a Juki Corporation subsidiary, says Dynamic Source Manufacturing (DSM) has purchased its fourth ISM3600 Storage Tower.
Foundry revenue rises by 12% QoQ for 3Q21, says TrendForce
December 03, 2021Although the demand for end products related to the stay-at-home economy slowed down as many countries saw rising vaccination rates and were partially lifting social distancing restrictions, the decline in foundry orders from this source was more than offset by the traditional peak season for smartphones, according to TrendForce’s latest investigations.
Tower and Quintessent partner on Foundry Silicon Photonics Platform
September 09, 2021Tower Semiconductor and Quintessent announced their collaboration to create a Silicon Photonics (SiPho) process with integrated quantum dot lasers, addressing optical connectivity in Artificial Intelligence/ Machine Learning and disaggregated computing (datacenter) markets.
Foundry revenue with 6% QoQ growth thanks to persistent demand
August 31, 2021The panic buying of chips persisted in 2Q21 owing to factors such as post-pandemic demand, industry-wide shift to 5G telecom technology, geopolitical tensions, and chronic chip shortages, according to TrendForce’s latest investigations.
ST brings Tower Semi on board for fab being built in Italy
June 24, 2021STMicroelectronics and Tower Semiconductor have entered into an agreement in which ST will welcome Tower to its Agrate R3 300mm fab under construction on its Agrate Brianza site in Italy.
Quarterly revenue of top 10 foundries breaks records in 1Q21
May 31, 2021Owing to soaring demands for various end devices, manufacturers have been ramping up their component procurement activities, and foundry capacities, as a result, have been in shortage since 2020, with various foundries raising their wafer prices and adjusting their product mixes to ensure profitability, according to TrendForce.
Price and lead time trends for 2Q 2021
April 15, 2021Since the turn of the year 2021, the market has changed dramatically and ongoing strong demand continues to outstrip supply, perpetuating very long lead times and continual review of pricing by manufacturers.
Foundry revenue projected to reach historical high in 2021
April 15, 2021As the global economy enters the post-pandemic era, technologies including 5G, WiFi6/6E, and HPC (high-performance computing) have been advancing rapidly, in turn bringing about a fundamental, structural change in the semiconductor industry as well, says TrendForce.
Tower Semi invests to expand its manufacturing capabilitiesLoad more news
March 01, 2021The company is planning a capacity expansion for 200mm and 300mm to answer the exceeding demand forecast.