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Tower Semiconductor Ltd (TSEM.OQ)

TSEM.OQ on NASDAQ Stock Exchange Global Select Market

22 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Towerjazz and Tacoma announce partnership for new fabrication facility in Nanjing, China
Monday, 21 Aug 2017 08:12am EDT 

Aug 21 (Reuters) - Tower Semiconductor Ltd :Towerjazz and Tacoma announce a partnership for a new 8-inch fabrication facility in Nanjing, China; Tower received first milestone payment of $18 million net.Tower Semiconductor -‍ Project to be funded by Tacoma, Nanjing Economic & Technology Development zone, Credito Capital, potential third party investors​‍​.  Full Article

Towerjazz reports Q2 revenue of $345 mln
Thursday, 3 Aug 2017 04:00am EDT 

Aug 3 (Reuters) - Tower Semiconductor Ltd - :TowerJazz announces records in revenues, margins, EBITDA and free cash flow for the second quarter and first half of 2017.Q2 revenue rose 13 percent to $345 million.Sees Q3 2017 revenue $355 million.Sees Q3 2017 revenue up 9 percent.Qtrly basic earnings per share of $0.52.Q2 earnings per share view $0.49, revenue view $345.0 million -- Thomson Reuters I/B/E/S.Q3 revenue view $354.6 million -- Thomson Reuters I/B/E/S.  Full Article

Tower semiconductor and Aisin Seiki Co announce production of Aisin's new automotive devices
Wednesday, 12 Apr 2017 05:06am EDT 

Aisin Seiki Co Ltd <7259.T> : Tower semiconductor and Aisin Seiki Co announce volume production of Aisin's new generation automotive devices for automotive body products .Co and Aisin plan to ramp products in TPSCO's 200mm automotive grade Japan fab.  Full Article

Towerjazz reports Q4 earnings per share $0.53
Monday, 13 Feb 2017 04:00am EST 

Towerjazz : Q4 revenue rose 34 percent to $340 million . Q4 earnings per share $0.53 . Sees Q1 2017 revenue $330 million .Sees Q1 2017 revenue up about 19 percent.  Full Article

Towerjazz Q3 earnings per share $0.58
Tuesday, 15 Nov 2016 06:42am EST 

Towerjazz : Q3 earnings per share $0.58 . Sees fy 2016 revenue $1.25 billion . Sees q4 2016 revenue up about 34 percent . Towerjazz continues strong performance: announces highest ever revenues, EBITDA and free cash flow for the third quarter of 2016 . Q3 revenue rose 34 percent to $326 million .Sees q4 2016 revenue $340 million.  Full Article

Audio Pixels announces agreement with TowerJazz
Monday, 18 Jul 2016 07:37pm EDT 

Audio Pixels Holdings Ltd : Agreement with towerjazz for volume production of mems chip . Chosen towerjazz, for the mass production of its first generation high performance mems-based loudspeaker chip .  Full Article

TowerJazz extends partnership with JA Mitsui
Thursday, 7 Jul 2016 06:00am EDT 

Tower Semiconductor Ltd : Extends its partnership with JA Mitsui to drive its recently acquired San Antonio fab growth and ramp-up plans .Agreement provides co with up to $40 million of asset based loan, which will carry annual interest of libor+2.0%, mature between 2019 and 2022.  Full Article

TowerJazz CEO sees revenue up in second half of 2016
Monday, 9 May 2016 07:07am EDT 

Tower Semiconductor Ltd :TowerJazz CEO says he expects stronger revenue in the second half of 2016 than in first half.  Full Article

Israel's TowerJazz to set up China chip plant with Tacoma Semi

JERUSALEM Israeli chipmaker TowerJazz is linking up with Tacoma Semiconductor Technology Co to establish a fabrication plant in Nanjing, China to make 8-inch wide wafers, as it seeks a foothold in the world's second-largest economy.