Tower Semiconductor Ltd. (NASDAQ: TSEM) was founded in 1993 and is headquartered in Migdal Haemek, Israel. It has 5,552 full-time employees. It is an independent professional semiconductor foundry in Israel and is designed by a third party. A customer produces semiconductor products and provides process services of 1.0 to 0.13 microns. The products produced by the company can be widely used in consumer electronics, PC, communications, automobiles, industry, medical equipment and other product fields.
Tower Semiconductor (TSEM):
Tower Semiconductor Ltd. offers a variety of customizable process technologies, including silicon-germanium, BiCMOS, mixed signal/complementary metal oxide semiconductor (CMOS), RF CMOS, CMOS image sensors, integrated power management and micro-electromechanical devices system. Gaota Semiconductor also provides integrated equipment manufacturers and non-vendor companies with transfer optimization and development process services.
Tower Semiconductor (TSEM) History:
- In 1993, Tower Semiconductor Ltd. was established by acquiring National Semiconductor ‘s 150mm wafer manufacturing facility.
- In 1994, Tower Semiconductor Ltd. IPO was listed on Nasdaq and Tel Aviv Stock Exchange (TSEM).
- In January 2001, the adjacent most advanced facility (Fab 2) was built.
- In September 2008, Tower acquired Jazz Semiconductor.
- In November 2009, the joint company was formally established-TowerJazz.
- In June 2011, TowerJazz acquired Micron Technology ‘s manufacturing plant in Nishiwaki City, Tokyo, Japan.
- April 2014, TowerJazz announced with Matsushita (Panasonic Corporation) successful transaction, the acquisition of the factory which is located in Uozu (Uozu City, Toyama Prefecture), tonami factory (Toyama tonami), Arai Plant (Niigata Prefecture Takaichi sand )’S three semiconductor factories, a newly established Japanese joint venture company TowerJazz Panasonic Semiconductor Co. (TPSCo) was established to manufacture Panasonic and other third-party products.
- In February 2016, TowerJazz announced that it had successfully acquired an 8-inch wafer manufacturing plant in San Antonio, Texas from Maxim Integrated Products, Inc. for US$40 million.