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tower-logos

February 16, 2022
Intel 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.

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February 24, 2021
Demand in the global foundry market remains strong in 1Q21, according to TrendForce’s latest investigations. As various end-products continue to generate high demand for chips, clients of foundries in turn stepped up their procurement activities, which subsequently led to a persistent shortage of production capacities across the foundry industry.

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December 07, 2020
Demand in the foundry market has remained strong in 4Q20, as production capacities across the industry remain fully loaded, with the tight supply of wafer capacities leading to a price hike in foundry services and subsequently driving up total quarterly industry revenue, according to TrendForce.

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August 24, 2020
Downstream foundry clients are currently exhibiting strong demand due to upcoming year-end shopping festivities in Europe and North America and the National Day long weekend and Singles’ Day sales promotions in China, according to TrendForce’s latest investigations.

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June 11, 2020
According to the latest investigations by TrendForce, the combined revenues of the top 10 foundries increased by more than 20% YoY in 2Q20.

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March 20, 2020
The COVID-19 pandemic has caused a reduction in the demand for end-products; its impact on the foundry industry will likely surface in 2Q20, says TrendForce.

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January 24, 2020
TowerJazz, Igor Sikorsky Kyiv Polytechnic Institute (KPI), the national technical university of Ukraine, and Cadence Design Systems, are collaborating to open a new analog circuit design lab in Ukraine.

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December 03, 2019
Israeli semiconductor manufacturer, TowerJazz, says that it will not sell its stake and board control in its joint venture with Panasonic Corp in Japan, following the Japanese company's announcement that it is selling its semiconductor business.

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June 13, 2019
According to TrendForce’s latest statistics, the weakened demand in 1Q persisted well into 2Q as a result of political and economic instability.

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April 29, 2019
TowerJazz and Vishay Siliconix says the companies are expanding their manufacturing portfolio of existing and next-generation power semiconductor products for the automotive markets, to be produced in two of TowerJazz’s IATF16949 qualified manufacturing facilities.

Maufacturing-production

March 26, 2019
TowerJazz and TowerJazz Panasonic Semiconductor Company (TPSCo), announce that they have signed a three-year agreement, extending its previous business partnership with Panasonic Semiconductor Solutions (PSCS) through 2022.

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March 18, 2019
Development momentum of advanced production processes has been dropping due to weakening demand in most end markets, including smartphones, says Trendforce.

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February 12, 2019
San Jose-based AI start-up AIStorm has secured USD 13.2 million in Series A financing from leading sensor and equipment manufacturers.

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July 03, 2018
Secures tens of thousands of wafers per year under long-term partnership with SOITEC, providing guaranteed SOI substrates to support ramp.

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November 30, 2017
According to TrendForce’s latest report, the global revenue for semiconductor foundry is expected to reach USD 57.3 billion in 2017, an increase of 7.1% compared with 2016, marking the fifth consecutive year with a growth rate over 5%.

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November 13, 2017
With fabless companies in China on the rise, the country is expected to account for 13% share of pure-play foundry sales in 2017, writes market researcher IC Insights.

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August 23, 2017
Israeli chip company TowerJazz is teaming up with Tacoma Technology Ltd and Tacoma (Nanjing) Semiconductor Technology Co., Ltd (collectively Tacoma) to build a new 8-inch semiconductor fabrication plant in Nanjing.

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January 24, 2017
The pure-play foundry market is forecast to play an increasingly stronger role in the worldwide IC market during the next five years, according to IC Insights

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September 12, 2016
Total pure-play foundry market expected to jump 9 percent this year, up from 6 percent growth in 2015, writes market analyst IC Insights.

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August 01, 2016
The US District Court for the Central District of California approved the plaintiffs voluntary dismissal of the Putative Securities Class Action against TowerJazz.

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May 10, 2016
Israeli chip maker TowerJazz saw its 2016 first quarter revenues climb to a record USD 278 million, reflecting 23% growth as compared with the first quarter of 2015 and 9% higher than the previous quarter.

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April 13, 2016
Breaking a three-year double-digit-growth streak, the worldwide semiconductor foundry market grew 4.4 percent in 2015 to achieve USD 48.8 billion in revenue, according to final results by Gartner.

maxim-texas

February 02, 2016
TowerJazz has completed the previously reported acquisition of an 8-inch wafer fabrication facility in San Antonio, Texas, United States from Maxim Integrated Products.

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January 11, 2016
Mergers, teardowns, fires and other catastrophes … 2015 had it all. Records, more records and cooperations … that too.

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November 19, 2015
TowerJazz has signed an agreement with Maxim Integrated Products, to purchase Maxim’s 8-inch fabrication facility in San Antonio, Texas, United States.

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September 22, 2015
TowerJazz – or rather TowerJazz Panasonic Semiconductor Co. (TPSCo) – will manufacture Great Wall Semiconductors family of LFET (linear field effect transistor) products to be used for the lithium-ion battery market.

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September 11, 2015
TowerJazz has signed a definitive agreement with one of its customers to receive USD 30 million advance payment which would be used for capacity expansion in its worldwide fabs.

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December 09, 2014
Fairchild Semiconductor has started mass production at TowerJazz Panasonic Semiconductor Co.’s (TPSCo’s) fabrication facility in Tonami, Japan.

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October 07, 2014
TowerJazz and the Korea Electrotechnology Research Institute's (KERI), a non-profit government-funded research institute in Republic of Korea, on-going R&D support program has led to the development of a CMOS image sensor which is ready for the commercial market.

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April 01, 2014
TowerJazz and Panasonic Corporation has successfully completed the kick-off of the two companies joint venture (JV).

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February 17, 2014
With Sony's acquisition of Renesas' Tsuruoka Factory semiconductor-related assests the company is able to increase its CIS production capacity by 25%.

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December 20, 2013
TowerJazz signs definitive agreement creating joint venture with Panasonic Corporation to acquire its 3 semiconductor factories in Japan and to manufacture Panasonic and additional products.

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